GBP/USD – 4H – BUY

The pair British Pound/US Dollar (GBP/USD) goes from the descending trendline upwards

An ascent up to the next resistance level at 1.35748 will persist.

Caution: A possible trend reversal in the direction of the support zone at 1.32528 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.35748 – 1.37116 – 1.37 – 1.32528 – 1.34337 – 1.359 —
1.33724 – 1.33506 —
46.413443748531 – 43.870925474381 —
– —
1.35748 – 1772078400

Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –