EUR/GBP – 30M – BUY

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

The bullish trend up to the next resistance level at 0.86325 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 0.86228 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.86325 – 0.86734 – 0.86748 – 0.86228 – 0.86236 – 0.86409 —
0.86257 – 0.86295 —
29.852319119426 – 44.810214565399 —
0.86228 – 1770105600 —
0.86325 – 1770089400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – Double top chart pattern – – – – – – – –