GBP/USD – 4H – BUY

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

The bullish trend up to the next resistance line at 1.34015 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 1.33282 should be noted.
Consider stop-loss settings accordingly.

Additionally a ” indicator layout is existing. The indicator is ”. this is usually a bullish chart scenario. The pair is likely to go up.

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Additionally a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. 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 likelyhood of ‘Three White Soldiers’ going up is 82%.

1.34015 – 1.33844 – 1.32728 – 1.33282 – 1.31398 – 1.31626 —
1.33759 – 1.34035 —
55.561513604123 – 66.036537339154 —
– —
1.34015 – 1783396800

Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –