EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards

A bullish trend upwards to the next resistance level at 0.88391 will continue.

Caution: A possible change in the direction of the support level at 0.88069 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Furthermore a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.88391 – 0.88233 – 0.88177 – 0.88069 – 0.87975 – 0.88044 —
0.88195 – 0.88256 —
44.9571085817 – 54.313179632088 —
– —
0.88391 – 1763555400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – – – –