Buy GBP/USD – 1H – BUY

Additionally a ‘Double top retreat up’ chart formation is discovered. The chart picture forms ‘Double top retreat up’. this is a bullish chart scenario. The currency pair is likely to go up.

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

Additionally a ‘Bullish Meeting Lines’ candle chart pattern is detected. The chart forms ‘Bullish Meeting Lines’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Meeting Lines’ going up is 56% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 1.36711
2nd High 1.36613
Next High 1.35817
Current Price 1.34961
Next Low 1.34952
2nd Low 1.34015
3rd Low 1.34008

1.35817 – 1.36613 – 1.36586 – 1.34952 – 1.359 – 1.36043 —
1.35807 – 1.35045 —
41.830964067513 – 27.189280391734 —
– —
1.35817 – 1771416000

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