GBP/USD – 30M – BUY

Besides a ‘Head and Shoulder chart pattern’ chart pattern is existing. The formation shows ‘Head and Shoulder chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

Besides a ‘MACD-Hist Bullish Divergence’ indicator signal is existing. The indicator shows ‘MACD-Hist Bullish Divergence’. chart signal.

Besides 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).

1.3439 – 1.34589 – 1.34562 – 1.34095 – 1.34008 – 1.3425 —
1.34371 – 1.34524 —
53.025285092929 – 43.226719458497 —
– —
1.34390 – 1769061600

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