EUR/GBP – 30M – BUY

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

An ascent up to the next resistance level at 0.8752 is considered certain.

Caution: A possible reversal of the trend in the direction of support at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.

Furthermore a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The 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).

0.8752 – 0.87382 – 0.87413 – 0.87229 – 0.87247 – 0.8718 —
0.87356 – 0.87377 —
47.713324500365 – 52.211702259759 —
– —
0.87520 – 1765186200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double bottom chart pattern – – – – – – – –