EUR/GBP – 30M – BUY

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

The bullish trend upwards to the next resistance line at 0.86389 will continue.

Caution: A possible change in the direction of the support zone at 0.86273 should always be considered.
Consider stop-loss settings accordingly.

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

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

And also a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 0.86417236 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 0.86389 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. this 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.86389 – 0.86368 – 0.86418 – 0.86273 – 0.86227 – 0.86327 —
0.86435 – 0.86379 —
68.313302945965 – 48.743975006906 —
– —
0.86389 – 1778050800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – – – – – – – – –