GBP/USD – 4H – BUYMoreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
Moreover a ‘Bullish Tri-Star’ candlestick chart pattern is detected. The chart shows ‘Bullish Tri-Star’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37116 |
| 2nd High | 1.35748 |
| Next High | 1.3483 |
| Current Price | 1.33581 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.3483 – 1.35748 – 1.37116 – 1.32178 – 1.32826 – 1.32528 —
1.33170 – 1.33642 —
46.423985744536 – 55.861967369224 —
– —
1.3483 – 1773129600
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Tri-Star – – – – – – – – –