GBP/USD – 30M – BUY

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

An ascent upwards to the next resistance line at 1.32402 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

In addition a ‘Bearish SBS White Lines’ candlestick chart pattern is found. The chart forms ‘Bearish SBS White Lines’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish SBS White Lines’ going down is 56% (Bull Market) & 57% (Bear Market).

1.32402 – 1.32108 – 1.32532 – 1.31626 – 1.31924 – 1.32048 —
1.32340 – 1.32282 —
56.335404696514 – 50.479852290273 —
– —
1.32402 – 1781877600

Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish SBS White Lines – – – – – – – – –