GBP/USD – 30M – BUY

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

A bullish ascent up to the next resistance level at 1.34326 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 1.33242 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.

And also a ‘Three Inside Up’ candlestick pattern is detected. The candles form ‘Three Inside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).

1.34326 – 1.33911 – 1.33914 – 1.33242 – 1.33495 – 1.33579 —
1.34171 – 1.34060 —
60.943664578318 – 45.295652970896 —
– —
1.34326 – 1781217000

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Inside Up – – – – – – – – –