GBP/USD – 1H – BUY

There is also a ‘Head and Shoulder chart pattern’ chart layout is detected. The formation shows ‘Head and Shoulder chart pattern’. which is a negative signal. The currency pair is likely to fall.

There is also a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. which is a positive 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).

1.32541 – 1.32681 – 1.32135 – 1.32095 – 1.31237 – 1.3095 —
1.32334 – 1.32362 —
47.08381021072 – 52.701477650745 —
– —
1.32541 – 1764349200

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Head and Shoulder chart pattern – – – – – – – –