GBP/USD – 30M – BUY

The combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance at 1.32468 will persist.

Caution: A possible counter-trend in the direction of the support zone at 1.31237 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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

Additionally a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.31973 – 1.32135 – 1.31152 – 1.31237 – 1.31528 – 1.3095 —
1.32347 – 1.32383 —
62.631451314347 – 62.396970784739 —
– —
1.31973 – 1764144000

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