The pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 0.86734 is likely expected.
Caution: A possible change in the direction of the support line at 0.86118 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87156 |
| 2nd High | 0.86748 |
| Next High | 0.86734 |
| Current Price | 0.86522 |
| Next Low | 0.86118 |
| 2nd Low | 0.86093 |
| 3rd Low | 0.86081 |
0.8636 – 0.86734 – 0.86748 – 0.86118 – 0.86192 – 0.86409 —
0.86471 – 0.86498 —
66.889156492069 – 66.806369912148 —
– —
0.8636 – 1770123600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Double top chart pattern – – – – – – – –