EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) moves from the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 0.88012 is certain.

Caution: A possible change in the direction of support at 0.87907 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Tweezers Bottom’ candle chart pattern is existing. The candles show ‘Tweezers Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

0.88012 – 0.88012 – 0.87893 – 0.87907 – 0.87852 – 0.87831 —
0.87987 – 0.87979 —
54.691386342552 – 52.877903157727 —
– —
0.88012 – 1764700200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Tweezers Bottom – Double top chart pattern – – – – – – – –