EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards

An ascending movement up to the next resistance line at 0.87007 is considered certain.

Caution: A possible reversal of the trend in the direction of the support zone at 0.86253 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Three White Soldiers’ chart pattern is existing. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The 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%.

0.87007 – 0.8698 – 0.87112 – 0.86253 – 0.86566 – 0.86844 —
0.86611 – 0.86633 —
42.60947736393 – 47.206018068039 —
– —
0.87007 – 1772755200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –