EUR/GBP – 1H – BUY

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

The bullish trend up to the next resistance at 0.86442 is certain.

Caution: A possible reversal of the trend in the direction of support at 0.86243 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

0.86442 – 0.86437 – 0.86335 – 0.86243 – 0.86185 – 0.86239 —
0.86306 – 0.86428 —
51.807463255512 – 69.050097184167 —
– —
0.86442 – 1781481600

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