GBP/USD – 30M – BUY

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 1.33499 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 1.33764 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.33764 – 1.33864 – 1.34027 – 1.32971 – 1.33056 – 1.33461 —
1.33227 – 1.33277 —
31.38623912235 – 41.976447417044 —
1.32971 – 1772733600 —
1.33764 – 1772708400

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