EUR/GBP – 1H – BUY

The currency pair Euro/British Pound (EUR/GBP) breaks through the descending trendline up.

A bullish trend upwards to the next resistance line at 0.86447 is expected.

Caution: A possible counter-trend in the direction of the support zone at 0.86317 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. which could be a positive chart signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

And also a ‘Three White Soldiers’ 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 chance of ‘Three White Soldiers’ going up is 82%.

0.86447 – 0.86497 – 0.86539 – 0.86317 – 0.86164 – 0.86196 —
0.86453 – 0.86401 —
58.057884161252 – 51.228111874692 —
– —
0.86447 – 1773763200

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