EUR/GBP – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance at 0.86734 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 0.86118 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.86353 – 0.8636 – 0.86325 – 0.86118 – 0.86209 – 0.86192 —
0.86477 – 0.86498 —
63.405717468333 – 62.585331507182 —
– —
0.86353 – 1770150600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –