EUR/GBP – 30M – BUY

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

A bullish movement up to the next resistance at 0.87535 is expected.

Caution: A possible trend reversal in the direction of the support line at 0.87213 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart signal. Die Paarung wird wahrscheinlich steigen.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Also there is a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.87535 – 0.88012 – 0.88012 – 0.87213 – 0.87383 – 0.87367 —
0.87349 – 0.87376 —
44.914455130943 – 50.262147842593 —
– —
0.87535 – 1764847800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – – – – – – – –