Buy EUR/GBP – 30M – BUY

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

A bullish trend upwards to the next resistance line at 0.86504 will continue.

Caution: A possible counter-trend in the direction of the support level at 0.86276 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.86567
2nd High 0.86539
Next High 0.86504
Current Price 0.86417
Next Low 0.86276
2nd Low 0.86248
3rd Low 0.86164

0.86504 – 0.86447 – 0.86417 – 0.86276 – 0.86278 – 0.86344 —
0.86386 – 0.86414 —
49.125914270184 – 54.620211121956 —
– —
0.86504 – 1773853200

Trading Signals:

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