EUR/GBP – 30M – BUYAnd also a ‘Inverted Hammer’ candle chart pattern is existing. The candles form ‘Inverted Hammer’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83123 |
| 2nd High | 0.83014 |
| Next High | 0.82965 |
| Current Price | 0.82759 |
| Next Low | 0.82691 |
| 2nd Low | 0.82685 |
| 3rd Low | 0.82671 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Inverted Hammer