Buy EUR/GBP – 30M – BUY

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

An ascent upwards to the next resistance level at 0.86778 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.86644 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator is ‘MACD-Hist Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. which is a positive chart scenario. 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).

Support & Resistance Price Range*
3rd High 0.87085
2nd High 0.86907
Next High 0.86778
Current Price 0.86828
Next Low 0.86644
2nd Low 0.86534
3rd Low 0.86519

0.86778 – 0.86907 – 0.86782 – 0.86644 – 0.86713 – 0.86534 —
0.86753 – 0.86795 —
47.742732617616 – 48.711417994699 —
– —
0.86778 – 1767920400

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