EUR/GBP – 1H – BUY

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

A bullish ascent up to the next resistance at 0.86823 is expected.

Caution: A possible change in the direction of the support level at 0.86503 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The pair is likely to go up.

In addition a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

0.86823 – 0.86777 – 0.86783 – 0.86503 – 0.86531 – 0.86636 —
0.86626 – 0.86604 —
38.020172676012 – 38.355376976199 —
0.86503 – 1777248000 —
0.86823 – 1777039200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three White Soldiers – Symmetrical Triangle Chart Pattern – – – – – – – –