Moreover a ‘Double top retreat up’ chart layout is existing. The chart picture forms ‘Double top retreat up’. which is a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Moreover a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31707 |
| 2nd High | 1.31544 |
| Next High | 1.31231 |
| Current Price | 1.30883 |
| Next Low | 1.3037 |
| 2nd Low | 1.30111 |
| 3rd Low | 1.30096 |
1.31231 – 1.31544 – 1.31707 – 1.30491 – 1.3037 – 1.30429 —
1.30967 – 1.30604 —
58.122454869169 – 34.504444992725 —
– —
1.31231 – 1763656200
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Double top retreat up – – – – – – – –