EUR/GBP – 30M – BUY

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

An ascent upwards to the next resistance at 0.86201 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.86056 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Bullish Divergence’. chart scenario.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Then a ‘Bearish SBS White Lines’ candle pattern is discovered. The candles form ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

0.86201 – 0.86318 – 0.86292 – 0.86056 – 0.8613 – 0.86103 —
0.86190 – 0.86149 —
50.5524993312 – 40.95001335727 —
– —
0.86201 – 1782792000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines – – – – – – – – –