EUR/GBP – 30M – BUY

The combination Euro/British Pound (EUR/GBP) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance line at 0.87007 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 0.86724 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘MACD Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD Bullish Divergence’. which is often a bullish chart signal. The currency pair is likely to rise.

There is also a ‘MACD-Hist Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD-Hist Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. this 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’ going up is 75% (Bull Market) & 74% (Bear Market).

0.87007 – 0.8698 – 0.87112 – 0.86844 – 0.86855 – 0.86932 —
0.86906 – 0.86839 —
46.09685773905 – 29.876992766483 —
– —
0.87007 – 1772755200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – Symmetrical Triangle Chart Pattern – – – – – – – –