GBP/USD – 30M – BUY

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

A bullish trend upwards to the next resistance level at 1.34316 will persist.

Caution: A possible change in the direction of the support zone at 1.3359 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair could go up.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘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 0.5-Level.Continuation of the current ascending trend will persist. Current target is 1.34485696 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 1.34316 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

1.34316 – 1.34261 – 1.34555 – 1.3359 – 1.33138 – 1.34004 —
1.34035 – 1.34081 —
49.555917101578 – 49.97561414616 —
– —
1.34316 – 1772487000

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