EUR/GBP – 30M – BUY

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

A bullish ascent upwards to the next resistance level at 0.8677 is likely expected.

Caution: A possible change in the direction of the support level at 0.86556 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Bullish Belt Hold’ chart pattern is detected. The chart forms ‘Bullish Belt Hold’. 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 probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.8677 – 0.86844 – 0.87045 – 0.86556 – 0.86768 – 0.86804 —
53.105608751172 – 59.161111861448 —
75.559691566995 – 78.221822140225 – 85.125600782613 – 80.72748670742

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – – –