EUR/GBP – 30M – BUY

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

A bullish ascent up to the next resistance at 0.86922 will persist.

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

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

And also a ‘MACD-Hist Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Bullish Divergence’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 0.86717 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance zone at 0.86922 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

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

0.86922 – 0.86861 – 0.86778 – 0.86512 – 0.8663 – 0.86662 —
0.86597 – 0.86610 —
49.434974299525 – 48.26372309228 —
– —
0.86922 – 1768210200

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