EUR/GBP – 1H – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline up.

An ascending movement upwards to the next resistance level at 0.86856 will continue.

Caution: A possible change in the direction of the support level at 0.86601 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Additionally a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86856 – 0.86793 – 0.86784 – 0.86601 – 0.86526 – 0.86565 —
0.86720 – 0.86754 —
48.569164239861 – 52.308570111697 —
– —
0.86856 – 1768813200

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