GBP/USD – 30M – BUYNext a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
Next a ‘Matching Low’ candle chart pattern is existing. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38473 |
| 2nd High | 1.38337 |
| Next High | 1.38139 |
| Current Price | 1.37642 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.38139 – 1.38337 – 1.38473 – 1.37312 – 1.3742 – 1.37494 —
1.37672 – 1.37828 —
37.225990624318 – 48.626750610078 —
– —
1.38139 – 1769736600
Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low – – – – – – – – –