GBP/USD – 30M – BUY

The pair British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 1.32468 is certain.

Caution: A possible reversal of the trend in the direction of support at 1.31237 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ” indicator signal is existing. The indicator shows ”. this is usually a bullish chart scenario. The currency pair is likely to rise.

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Moreover a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.31973 – 1.32135 – 1.31152 – 1.31237 – 1.31528 – 1.3095 —
1.32467 – 1.32525 —
65.855219471876 – 62.303436855588 —
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1.31973 – 1764144000

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