EUR/GBP – 30M – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards

An ascent upwards to the next resistance level at 0.8752 will persist.

Caution: A possible reversal of the trend in the direction of support at 0.87247 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency 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).

0.8752 – 0.87382 – 0.87413 – 0.87247 – 0.8718 – 0.87241 —
0.87349 – 0.87356 —
45.107245768664 – 47.713324388416 —
– —
0.87520 – 1765186200

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