Buy EUR/GBP – 30M – BUY

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

A bullish ascent upwards to the next resistance at 0.83386 is likely expected.

Caution: A possible change in the direction of the support zone at 0.83230 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candlestick pattern is discovered. The candles form ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 0.83552
2nd High 0.83512
Next High 0.83386
Current Price 0.83226
Next Low 0.83230
2nd Low 0.83088
3rd Low 0.83041

Download EUR/GBP Signal Image

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