EUR/GBP – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 0.86922 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.86631 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.86761 – 0.86776 – 0.86793 – 0.86631 – 0.86601 – 0.86526 —
0.86802 – 0.86799 —
62.139562972434 – 53.62856773959 —
– —
0.86761 – 1768582800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top chart pattern – – – – – – – –