EUR/GBP – 1H – BUYAdditionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.
Additionally a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 0.87451 |
| Next High | 0.87323 |
| Current Price | 0.87047 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.87323 – 0.87451 – 0.87311 – 0.86924 – 0.86941 – 0.87084 —
0.87323 – 0.87054 —
62.061006170433 – 46.958772500335 —
0.87323 – 1769094000 —
– 1769094000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – Double top chart pattern – – – – – – – –