EUR/GBP – 30M – BUY

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 0.8829098 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.88396 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.8865
Next High 0.88396
Current Price 0.88188
Next Low 0.87951
2nd Low 0.87895
3rd Low 0.87665

0.88396 – 0.88391 – 0.88233 – 0.87951 – 0.88094 – 0.88071 —
0.88198 – 0.88169 —
55.544991476916 – 49.42230108595 —
– —
0.88396 – 1763600400

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