Moreover a ‘Bullish Harami’ candle pattern is detected. The chart shows ‘Bullish Harami’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Harami’ going up is 53% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.28109 |
2nd High | 1.27988 |
Next High | 1.27873 |
Current Price | 1.26264 |
Next Low | 1.26171 |
2nd Low | 1.25246 |
3rd Low | 1.25067 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Harami