In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Bearish SBS White Lines’ candle chart pattern is detected. The candles show ‘Bearish SBS White Lines’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.38473 – 1.3801 – 1.38309 – 1.37494 – 1.36635 – 1.367 —
1.38473 – 1.38047 —
59.906760811006 – 33.691963977941 —
1.38473 – 1769677200 —
– 1769677200

Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish SBS White Lines – – – – – – – – –

Next a ‘Double bottom chart pattern’ chart pattern is found. The chart forms ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.

1.3801 – 1.38309 – 1.38686 – 1.37494 – 1.36635 – 1.367 —
1.37866 – 1.38022 —
46.124206455275 – 53.09430513167 —
– —
1.38010 – 1769617800

Trading Signals: FOREX – GBP – GBP/USD – USD – – Double bottom chart pattern – – – – – – – –