EUR/GBP – 1H – BUY

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

The bullish trend upwards to the next resistance at 0.86447 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 0.86317 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Additionally a ‘MACD Hidden Bullish Divergence’ indicator layout is discovered. The indicator shows ‘MACD Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Additionally a ‘Three Outside Up’ candlestick chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. 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’ heading up is 75% (Bull Market) & 74% (Bear Market).

0.86447 – 0.86497 – 0.86539 – 0.86317 – 0.86164 – 0.86196 —
0.86383 – 0.86398 —
47.506006458739 – 49.322688165138 —
– —
0.86447 – 1773763200

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