GBP/USD – 1H – BUY

The pair British Pound/US Dollar (GBP/USD) breaks through the bullish trendline up.

A continuation of the bullish trend upwards to the next resistance line at 1.3483 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 1.32826 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.

1.3483 – 1.34092 – 1.33864 – 1.32826 – 1.33109 – 1.32971 —
1.34664 – 1.34202 —
62.330972514464 – 47.065758372359 —
– —
1.3483 – 1773140400

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