GBP/USD – 1H – BUYIn addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair could go up.
In addition a ‘Bullish Engulfing’ candle pattern is found. The candles form ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.38473 |
| 2nd High | 1.37875 |
| Next High | 1.37149 |
| Current Price | 1.37191 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.37149 – 1.37875 – 1.38473 – 1.365 – 1.36227 – 1.3742 —
1.37046 – 1.37157 —
56.079359501812 – 56.689208620328 —
– —
1.37149 – 1770033600
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Engulfing – – – – – – – – –