GBP/USD – 1H – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35074 |
| 2nd High | 1.34902 |
| Next High | 1.3483 |
| Current Price | 1.34458 |
| Next Low | 1.341 |
| 2nd Low | 1.32826 |
| 3rd Low | 1.32528 |
1.3483 – 1.34092 – 1.33864 – 1.341 – 1.32826 – 1.33109 —
1.34478 – 1.34359 —
56.706984510582 – 46.42954262232 —
– —
1.3483 – 1773140400
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold – – – – – – – – –