GBP/USD – 30M – BUY

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

A continuation of the uptrend up to the next resistance line at 1.34607 is expected.

Caution: A possible change in the direction of support at 1.33976 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘MACD-Hist Hidden Bullish Divergence’ indicator layout is found. The indicator is ‘MACD-Hist Hidden Bullish Divergence’. this is usually a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Up’. which is a bullish 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

1.34607 – 1.34254 – 1.34326 – 1.33976 – 1.33831 – 1.33242 —
1.34354 – 1.34267 —
40.77889659084 – 41.167859952533 —
– —
1.34607 – 1781492400

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