GBP/USD – 30M – BUY

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Inverted Hammer’ chart pattern is detected. The candles show ‘Inverted Hammer’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Inverted Hammer’ going up is 65% (Bull Market).

1.34726 – 1.35179 – 1.351 – 1.34532 – 1.34472 – 1.34812 —
1.35229 – 1.35368 —
69.080758129566 – 75.066520550623 —
– —
1.34726 – 1777006800

Trading Signals: FOREX – GBP – GBP/USD – USD – Inverted Hammer – – – – – – – – –