EUR/GBP – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.86856 is expected.

Caution: A possible change in the direction of support at 0.8665 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86856 – 0.86793 – 0.86784 – 0.8665 – 0.86601 – 0.86526 —
0.86754 – 0.86929 —
52.308570405087 – 66.14410673408 —
– —
0.86856 – 1768813200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Symmetrical Triangle Chart Pattern – – – – – – – –