EUR/GBP – 30M – BUYIn addition a ‘Bullish Engulfing’ candle chart pattern is existing. The candles form ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.83314 |
| 2nd High | 0.83281 |
| Next High | 0.83249 |
| Current Price | 0.82944 |
| Next Low | 0.82845 |
| 2nd Low | 0.82795 |
| 3rd Low | 0.82753 |
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Engulfing