GBP/USD – 30M – BUY

The combination British Pound/US Dollar (GBP/USD) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 1.32753 is considered certain.

Caution: A possible change in the direction of support at 1.31792 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bullish Belt Hold’ candle chart pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.32214 – 1.32753 – 1.32482 – 1.31792 – 1.31805 – 1.32025 —
1.32893 – 1.33133 —
82.489793139553 – 79.605653194177 —
– —
1.32214 – 1764655200

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold – – – – – – – – –