GBP/USD – 1H – BUYIn addition a ‘Matching Low’ candlestick pattern is found. The chart forms ‘Matching Low’. this 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 ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.30091 |
| 2nd High | 1.27686 |
| Next High | 1.27498 |
| Current Price | 1.26884 |
| Next Low | 1.26716 |
| 2nd Low | 1.26448 |
| 3rd Low | 1.25246 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low