Buy GBP/USD – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The pair is likely to go up.

Next a ‘Three Outside Up’ candle pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 1.37875
2nd High 1.37327
Next High 1.3623
Current Price 1.36137
Next Low
2nd Low
3rd Low

1.3623 – 1.37327 – 1.37149 – 1.35081 – 1.365 – 1.36227 —
1.36195 – 1.36074 —
64.268488424165 – 51.58498203625 —
– —
1.3623 – 1770404400

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