GBP/USD – 1H – BUYBesides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
Besides a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
Besides a ‘Northern Doji’ candle pattern is existing. The chart forms ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36602 |
| 2nd High | 1.35674 |
| Next High | 1.35165 |
| Current Price | 1.34119 |
| Next Low | 1.34013 |
| 2nd Low | 1.33566 |
| 3rd Low | 1.33404 |
1.35165 – 1.35674 – 1.35017 – 1.34154 – 1.34913 – 1.34138 —
1.34376 – 1.34193 —
42.305853137874 – 41.648431333275 —
– —
1.35165 – 1767762000
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –