EUR/GBP – 30M – BUYThe currency pair Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 0.86681 is considered certain.
Caution: A possible change in the direction of the support zone at 0.86577 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD Hidden Bullish Divergence’. chart signal.
Also there is a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.86741 |
| 2nd High | 0.86729 |
| Next High | 0.86681 |
| Current Price | 0.86714 |
| Next Low | 0.86577 |
| 2nd Low | 0.86565 |
| 3rd Low | 0.8652 |
0.86681 – 0.86729 – 0.86741 – 0.86577 – 0.86565 – 0.8652 —
0.86583 – 0.86699 —
33.352965838433 – 56.277758539086 —
– —
0.86681 – 1768455000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – – – – – – – –