GBP/USD – 30M – BUY

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

The bullish trend upwards to the next resistance at 1.3623 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.35876 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.

Then a ‘Bullish Engulfing’ chart pattern is discovered. The chart shows ‘Bullish Engulfing’. 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 ‘Bullish Engulfing’ heading up is 63%.

1.3623 – 1.3632 – 1.37327 – 1.35876 – 1.35081 – 1.35173 —
1.36031 – 1.36164 —
50.978908999265 – 58.409883644674 —
– —
1.3623 – 1770406200

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Engulfing – – – – – – – – –