EUR/GBP – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 0.86792 is considered certain.

Caution: A possible change in the direction of support at 0.86364 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.86617 – 0.86676 – 0.86792 – 0.86364 – 0.86449 – 0.86372 —
0.86962 – 0.86910 —
63.518072636178 – 47.649115096324 —
– —
0.86617 – 1774522800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – – – – – – – – –