GBP/USD – 30M – BUY

The pair British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards

An ascending movement upwards to the next resistance level at 1.32892 will persist.

Caution: A possible counter-trend in the direction of support at 1.32528 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. this 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 ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.32892 – 1.33693 – 1.34094 – 1.33347 – 1.33375 – 1.33606 —
1.32485 – 1.32404 —
35.308959552941 – 33.931491387612 —
– —
1.32892 – 1773419400

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –