EUR/GBP – 30M – BUY

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

A bullish movement upwards to the next resistance level at 0.86691 is expected.

Caution: A possible counter-trend in the direction of the support level at could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Southern Doji’ candle chart pattern is existing. The chart shows ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

0.86691 – 0.86707 – 0.86692 – 0.86524 – 0.86495 – 0.86492 —
0.86696 – 0.86712 —
58.309998749561 – 56.383725541477 —
– —
0.86691 – 1769734800

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