EUR/GBP – 30M – BUY

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

A continuation of the uptrend up to the next resistance level at will persist.

Caution: A possible reversal of the trend in the direction of the support line at 0.85291 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 0.85942 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

0.85942 – 0.85897 – 0.85319 – 0.85291 – 0.84694 – 0.84483

Download EUR/GBP Signal Image

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji