EUR/GBP – 30M – BUY

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

A continuation of the bullish trend up to the next resistance line at 0.87733 is likely expected.

Caution: A possible change in the direction of support at 0.87141 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Current target is 0.87427 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 0.87733 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Three White Soldiers’ candle pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.87304 – 0.87312 – 0.87266 – 0.87141 – 0.87064 – 0.87071 —
0.87188 – 0.87347 —
47.832044303037 – 64.676863046597 —
– —
0.87304 – 1772101800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –