Buy EUR/GBP – 30M – BUY

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

An ascending movement upwards to the next resistance level at 0.87143 is likely expected.

Caution: A possible change in the direction of the support zone at 0.86936 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Three Outside Up’ chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 0.87234
2nd High 0.8717
Next High 0.87143
Current Price 0.87124
Next Low 0.86936
2nd Low 0.86824
3rd Low 0.86724

0.87143 – 0.8717 – 0.87234 – 0.86936 – 0.87048 – 0.86824 —
0.87072 – 0.87121 —
47.918003085031 – 56.274762460075 —
– —
0.87143 – 1770886800

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