EUR/GBP – 30M – BUY

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

A bullish trend up to the next resistance at 0.87512 is likely expected.

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

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘RSI Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘MACD Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Then a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Then a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.87512 – 0.87433 – 0.87487 – 0.87314 – 0.87307 – 0.87164 —
0.87432 – 0.87429 —
52.913505335977 – 42.72130365974 —
– —
0.87512 – 1771525800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – – – – – – – – –