GBP/USD – 30M – BUY

And also a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1.31787572 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.31925 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.31925 – 1.3174 – 1.32002 – 1.31353 – 1.3148 – 1.31074 —
1.31671 – 1.31505 —
44.596759916574 – 41.212614664903 —
– —
1.31925 – 1763389800

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – –