GBP/USD – 30M – BUY

The pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 1.37149 will persist.

Caution: A possible change in the direction of the support zone at 1.36599 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ” indicator layout is discovered. The indicator is ”. which could be a positive chart signal. The pair is likely to go up.

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Then a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart signal. The pair is likely to go up.

Then a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.37149 – 1.37875 – 1.38139 – 1.36599 – 1.3662 – 1.37247 —
1.37149 – 1.36668 —
59.764756171121 – 32.344114590974 —
1.37149 – 1770033600 —
– 1770033600

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold – – – – – – – – –