GBP/USD – 4H – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

1.37116 – 1.37 – 1.37327 – 1.35081 – 1.36227 – 1.34008 —
1.36235 – 1.36613 —
42.497399534208 – 51.319917207281 —
– —
1.37116 – 1770811200

Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low – Double top chart pattern – – – – – – – –