GBP/USD – 30M – BUYThe currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.
A bullish movement up to the next resistance at 1.35165 is expected.
Caution: A possible reversal of the trend in the direction of the support line at 1.34138 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI Bullish Divergence’ indicator signal is detected. The indicator shows ‘StochRSI Bullish Divergence’. In der Regel bedeutet das ein negatives signal. Das Paar wird voraussichtlich nach unten gehen.
Also there is a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36712 |
| 2nd High | 1.35674 |
| Next High | 1.35165 |
| Current Price | 1.34631 |
| Next Low | 1.34138 |
| 2nd Low | 1.34013 |
| 3rd Low | 1.33633 |
1.35165 – 1.35674 – 1.3548 – 1.34849 – 1.34914 – 1.34913 —
1.34589 – 1.34590 —
29.476991384186 – 34.211055452906 —
– —
1.35165 – 1767763800
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –