The combination Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 0.86366 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 0.86208 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86576 |
| 2nd High | 0.86567 |
| Next High | 0.86366 |
| Current Price | 0.86313 |
| Next Low | 0.86208 |
| 2nd Low | 0.86118 |
| 3rd Low | 0.86111 |
0.86366 – 0.86567 – 0.86576 – 0.86208 – 0.8644 – 0.86458 —
0.86302 – 0.86261 —
47.15929080575 – 44.943784283767 —
– —
0.86366 – 1773306000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –