EUR/GBP – 1H – BUYThe pair Euro/British Pound (EUR/GBP) goes from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 0.86922 will persist.
Caution: A possible trend reversal in the direction of the support line at 0.86601 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87455 |
| 2nd High | 0.87248 |
| Next High | 0.86922 |
| Current Price | 0.86841 |
| Next Low | 0.86601 |
| 2nd Low | 0.86526 |
| 3rd Low | 0.86512 |
0.86793 – 0.86784 – 0.86729 – 0.86601 – 0.86526 – 0.86565 —
0.86662 – 0.86806 —
44.724678056105 – 61.397834910644 —
– —
0.86793 – 1768528800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – – – – – – – –