Buy EUR/GBP – 30M – BUY

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

An ascent upwards to the next resistance line at 0.85093 is expected.

Caution: A possible trend reversal in the direction of the support zone at could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 0.85312
2nd High 0.85199
Next High 0.85093
Current Price 0.85098
Next Low
2nd Low
3rd Low

0.85093 – 0.85199 – 0.85312 – 0.84810 – 0.84616 – 0.85021

Download EUR/GBP Signal Image

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