EUR/GBP – 30M – BUYBesides a ‘Bullish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bullish Engulfing’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83552 |
| 2nd High | 0.83512 |
| Next High | 0.83386 |
| Current Price | 0.83167 |
| Next Low | 0.83143 |
| 2nd Low | 0.83088 |
| 3rd Low | 0.83041 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Engulfing