EUR/GBP – 30M – BUY

The currency pair Euro/British Pound (EUR/GBP) moves from the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 0.86748 will persist.

Caution: A possible change in the direction of the support line at 0.86524 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Bullish Engulfing’ candlestick chart pattern is found. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.

0.86748 – 0.86691 – 0.86707 – 0.86524 – 0.86495 – 0.86492 —
0.86735 – 0.86665 —
59.957276070072 – 48.855745361596 —
– —
0.86748 – 1769776200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Engulfing – Double bottom retreat down – – – – – – – –