Moreover a ‘Double top retreat up’ chart pattern is found. The formation shows ‘Double top retreat up’. which is a bullish pattern signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35747 |
| 2nd High | 1.35645 |
| Next High | 1.35307 |
| Current Price | 1.34870 |
| Next Low | 1.34866 |
| 2nd Low | 1.33699 |
| 3rd Low | 1.33344 |
1.35307 – 1.35645 – 1.35635 – 1.34866 – 1.35306 – 1.35471 — 34.22720921129 – 36.705492437934 — 9.8955974663534 – 12.813461496761 – 12.9505824514 – 12.186320068748
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Double top retreat up – –