EUR/GBP – 1H – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 0.86817 is likely expected.

Caution: A possible change in the direction of the support line at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.86817 – 0.86597 – 0.86507 – 0.86434 – 0.86404 – 0.8629 —
0.86805 – 0.86648 —
60.738035065495 – 45.547318019371 —
– —
0.86817 – 1781820000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –