EUR/GBP – 30M – BUY

The currency pair Euro/British Pound (EUR/GBP) jumps from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 0.86516 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 0.86335 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

And also a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

0.86516 – 0.86442 – 0.8636 – 0.86335 – 0.86243 – 0.86251 —
0.86412 – 0.86408 —
50.3505296635 – 51.339822741634 —
– —
0.86516 – 1781537400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bullish Belt Hold – Symmetrical Triangle Chart Pattern – – – – – – – –