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
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Meeting Lines – Double top retreat up – – – – – – – –