GBP/USD – 1H – BUY

There is also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 1.35302 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 1.35339 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.35017 – 1.34908 – 1.35302 – 1.34138 – 1.34013 – 1.34492 —
1.34643 – 1.35388 —
56.772717719729 – 73.370527641567 —
– —
1.35017 – 1767373200

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