Buy GBP/USD – 1H – BUY

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.

There is also a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 1.36575
2nd High 1.36429
Next High 1.3632
Current Price 1.36132
Next Low 1.35466
2nd Low 1.35132
3rd Low 1.35119

1.3632 – 1.36429 – 1.36575 – 1.35466 – 1.3578 – 1.35132 —
1.35560 – 1.35897 —
34.282688796344 – 54.019985166983 —
1.35466 – 1778205600 —
1.3632 – 1778176800

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