EUR/GBP – 30M – BUY

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

A bullish ascent up to the next resistance level at 0.87183 will persist.

Caution: A possible counter-trend in the direction of support at 0.87015 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘MACD Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD Hidden Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

There is also a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 0.87143352 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 0.87183 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ chart pattern is found. 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).

0.87183 – 0.87131 – 0.87091 – 0.87015 – 0.8703 – 0.87015 —
0.87125 – 0.87107 —
52.361710780369 – 48.680179829816 —
– —
0.87183 – 1775829600

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