EUR/GBP – 1H – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 0.86996 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 0.86996 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The 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%.

0.86996 – 0.86617 – 0.86676 – 0.86364 – 0.86449 – 0.86372 —
0.86905 – 0.86869 —
55.839578085077 – 47.387497183653 —
– —
0.86996 – 1774926000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – – – – – – – – –