GBP/USD – 1H – BUY

And also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘MACD Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘MACD Hidden Bullish Divergence’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 1.33847 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 1.33847 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.33847 – 1.33536 – 1.32753 – 1.33194 – 1.33272 – 1.31792 —
1.33367 – 1.33398 —
52.386923935891 – 51.612871818318 —
– —
1.33847 – 1764867600

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