Buy GBP/USD – 1H – BUY

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

The bullish trend up to the next resistance level at 1.3483 is likely expected.

Caution: A possible change in the direction of the support level at 1.32826 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.35074
2nd High 1.34902
Next High 1.3483
Current Price 1.33918
Next Low 1.32826
2nd Low 1.32528
3rd Low 1.31792

1.3483 – 1.34092 – 1.33864 – 1.341 – 1.32826 – 1.33109 —
1.34091 – 1.33761 —
39.158704126128 – 36.020034095244 —
– —
1.3483 – 1773140400

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