EUR/GBP – 30M – BUYThe combination Euro/British Pound (EUR/GBP) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 0.86867 is likely expected.
Caution: A possible change in the direction of the support line at 0.86653 should be noted.
Consider stop-loss settings accordingly.
And also a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is existing. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. Dieses ist oftmals ein bearisches chart signal. Das Paar tendiert eventuell nach unten.
And also a ‘Bearish SBS White Lines’ candle pattern is existing. The chart shows ‘Bearish SBS White Lines’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87085 |
| 2nd High | 0.86968 |
| Next High | 0.86867 |
| Current Price | 0.86749 |
| Next Low | 0.86653 |
| 2nd Low | 0.8665 |
| 3rd Low | 0.86631 |
0.86867 – 0.86824 – 0.86968 – 0.86653 – 0.86677 – 0.86685 —
0.86824 – 0.86772 —
52.625550135619 – 34.224847126536 —
– —
0.86867 – 1769481000
Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines – – – – – – – – –