Also there is a ‘Southern Doji’ candle pattern is detected. The chart shows ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.26136 |
2nd High | 1.26073 |
Next High | 1.25754 |
Current Price | 1.24803 |
Next Low | 1.24099 |
2nd Low | 1.23878 |
3rd Low | 1.23521 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Southern Doji