GBP/USD – 30M – BUYAdditionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 1.351145 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 1.35407 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. this 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 ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35989 |
| 2nd High | 1.35757 |
| Next High | 1.35407 |
| Current Price | 1.34951 |
| Next Low | 1.34532 |
| 2nd Low | 1.34472 |
| 3rd Low | 1.33804 |
1.35407 – 1.35757 – 1.35368 – 1.34982 – 1.34532 – 1.34472 —
1.35148 – 1.34787 —
33.262477347573 – 26.085018044857 —
– —
1.35407 – 1777345200
Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –