EUR/GBP – 30M – BUY

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

A bullish trend upwards to the next resistance level at 0.87011 will continue.

Caution: A possible trend reversal in the direction of the support level at 0.86865 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator is ‘MACD-Hist Bullish Divergence’. which is often a bullish signal. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 0.8706638 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 0.87011 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

0.87011 – 0.86976 – 0.87136 – 0.86865 – 0.86868 – 0.86841 —
0.86998 – 0.86981 —
58.277701753043 – 54.069255645463 —
– —
0.87011 – 1776299400

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