GBP/USD – 30M – BUY

The pair British Pound/US Dollar (GBP/USD) jumps from the descending trendline upwards

An ascending movement up to the next resistance line at 1.36613 will continue.

Caution: A possible change in the direction of support at 1.34952 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Bullish Tri-Star’ candlestick pattern is found. The candles show ‘Bullish Tri-Star’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

1.36613 – 1.36586 – 1.36711 – 1.34952 – 1.35519 – 1.36345 —
1.35570 – 1.35684 —
48.349215527608 – 54.113887567235 —
– —
1.36613 – 1771239600

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Tri-Star – – – – – – – – –