GBP/USD – 30M – BUY

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which could be a positive chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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).

1.34589 – 1.34562 – 1.34911 – 1.34095 – 1.34008 – 1.3425 —
1.34305 – 1.34263 —
47.556763610948 – 48.899575400988 —
– —
1.34589 – 1769014800

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – Inverse Head and Shoulder chart pattern – – – – – – – –