EUR/GBP – 30M – BUY

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

A bullish trend up to the next resistance at 0.86483 is certain.

Caution: A possible trend reversal in the direction of the support zone at 0.86113 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish SBS White Lines’ candle pattern is detected. The chart forms ‘Bearish SBS White Lines’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.86483 – 0.86436 – 0.86504 – 0.86113 – 0.86276 – 0.86278 —
0.86200 – 0.86320 —
33.568927366314 – 42.304656596398 —
– —
0.86483 – 1773914400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines – – – – – – – – –