Buy GBP/USD – 1H – BUY

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Additionally a ‘MACD-Hist Bullish Divergence’ indicator signal is found. The indicator is ‘MACD-Hist Bullish Divergence’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Target of the current trend is 1.38686 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 1.38473 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High
2nd High 1.38686
Next High 1.38473
Current Price 1.37980
Next Low
2nd Low
3rd Low

1.38473 – 1.38686 – 1.37127 – 1.37494 – 1.36635 – 1.36426 —
1.38460 – 1.38267 —
54.968545407126 – 40.492097934595 —
– —
1.38473 – 1769677200

Trading Signals:

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