GBP/USD – 1H – BUY

There is also a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 1.3176 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 1.31925 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.31174 – 1.31088 – 1.31231 – 1.3095 – 1.308 – 1.30382 —
1.31375 – 1.31849 —
64.429627063284 – 67.921823794905 —
– —
1.31174 – 1763996400

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –