Buy GBP/USD – 30M – BUY

The currency pair British Pound/US Dollar (GBP/USD) breaks through the bullish trendline up.

A continuation of the uptrend upwards to the next resistance line at 1.35674 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 1.34015 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Northern Doji’ chart pattern is found. The candles show ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.36809
2nd High 1.36712
Next High 1.35674
Current Price 1.35333
Next Low 1.34015
2nd Low 1.34008
3rd Low 1.33383

1.35083 – 1.3439 – 1.34589 – 1.34015 – 1.34095 – 1.34008 —
1.34983 – 1.35074 —
59.632636149072 – 60.924946578738 —
– —
1.35083 – 1769130000

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