EUR/GBP – 30M – BUY

The pair Euro/British Pound (EUR/GBP) goes from the bullish trendline up.

A continuation of the uptrend up to the next resistance at 0.86476 will persist.

Caution: A possible counter-trend in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Bearish SBS White Lines’ candle chart pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

0.86476 – 0.86446 – 0.86363 – 0.8633 – 0.86252 – 0.86221 —
0.86476 – 0.86415 —
57.014878412394 – 50.868287581532 —
0.86476 – 1777921200 —
– 1777921200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish SBS White Lines – – – – – – – – –