EUR/GBP – 1H – BUY

The pair Euro/British Pound (EUR/GBP) moves from the bearish trendline upwards

A bullish ascent up to the next resistance level at 0.87535 is certain.

Caution: A possible counter-trend in the direction of the support zone at 0.87251 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The 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).

0.87535 – 0.88012 – 0.87932 – 0.87367 – 0.87474 – 0.87453 —
0.87436 – 0.87390 —
35.531361600496 – 35.9563894905 —
– —
0.87535 – 1764846000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –