EUR/GBP – 4H – BUY

The currency pair Euro/British Pound (EUR/GBP) moves from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance at 0.83272 will continue.

Caution: A possible counter-trend in the direction of the support zone at 0.82243 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.829975 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 0.83272 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Download EUR/GBP Signal Image

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