GBP/USD – 1H – BUY

The combination British Pound/US Dollar (GBP/USD) breaks through the ascending trendline upwards

A continuation of the bullish trend up to the next resistance level at 1.34589 will continue.

Caution: A possible trend reversal in the direction of the support level at 1.34015 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.34589 – 1.34911 – 1.34346 – 1.34015 – 1.34008 – 1.3425 —
1.35038 – 1.35022 —
65.63290573468 – 62.249333930422 —
– —
1.34589 – 1769014800

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –