EUR/GBP – 30M – BUY

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

A bullish movement up to the next resistance level at 0.86672 is expected.

Caution: A possible trend reversal in the direction of the support zone at 0.86423 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.

Furthermore a ‘MACD Bullish Divergence’ indicator layout is found. The indicator is ‘MACD Bullish Divergence’. which could be a positive chart scenario. The currency pair could go up.

Furthermore a ‘MACD-Hist Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Bullish Divergence’. Dieses ist oftmals ein bullisches chart scenario. Die Paarung wird wahrscheinlich steigen.

Furthermore a ‘Three Outside Up’ candlestick pattern is discovered. The candles form ‘Three Outside Up’. this is a bullish pattern signal. 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).

0.86672 – 0.86864 – 0.87297 – 0.86423 – 0.86523 – 0.86556 —
0.86482 – 0.86511 —
34.978839138681 – 40.242669645237 —
– —
0.86672 – 1779267600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Up – – – – – – – – –