GBP/USD – 1H – BUY

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

The bullish trend upwards to the next resistance line at 1.36711 will continue.

Caution: A possible trend reversal in the direction of the support level at 1.359 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally 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 chart scenario. The currency pair could go up.

Additionally a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 1.36508 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 1.36711 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

1.36711 – 1.37116 – 1.36961 – 1.359 – 1.36043 – 1.36042 —
1.36283 – 1.36469 —
49.620531828804 – 46.202075447714 —
– —
1.36711 – 1770915600

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