GBP/USD – 1H – BUY

The currency pair British Pound/US Dollar (GBP/USD) goes from the bullish trendline up.

A continuation of the uptrend upwards to the next resistance level at 1.31925 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 1.31415 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘RSI Bullish Divergence’ indicator signal is discovered. The indicator is ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.31925 – 1.32002 – 1.31547 – 1.31415 – 1.31353 – 1.30839 —
1.31632 – 1.31531 —
51.200290140221 – 48.774980169613 —
– —
1.31925 – 1763388000

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