EUR/GBP – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 0.86487 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 0.86273 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Also there is a ‘Three Outside Up’ candle chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

0.86487 – 0.86418 – 0.86476 – 0.86273 – 0.86227 – 0.86327 —
0.86406 – 0.86448 —
46.459518734564 – 47.150670973411 —
– —
0.86487 – 1778072400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – Rising Wedge Chart Pattern – – – – – – – –