EUR/GBP – 1H – BUY

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

An ascent up to the next resistance level at 0.88176 is certain.

Caution: A possible counter-trend in the direction of support at 0.87453 could be enabled.
Consider stop-loss settings accordingly.

Then a ‘%K crosses above %D’ indicator signal is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.

Then a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.88176 – 0.87983 – 0.88195 – 0.87453 – 0.87651 – 0.87797 —
0.87508 – 0.87597 —
32.23201955692 – 40.155595289171 —
– —
0.88176 – 1764165600

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