EUR/GBP – 4H – BUY

The pair Euro/British Pound (EUR/GBP) moves from the descending trendline up.

A bullish movement upwards to the next resistance line at 0.87455 is likely expected.

Caution: A possible change in the direction of the support level at 0.86556 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

0.87455 – 0.87395 – 0.87964 – 0.86941 – 0.87348 – 0.87463 —
0.86572 – 0.86599 —
21.624611843037 – 28.947475729278 —
– —
0.87455 – 1767196800

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