GBP/USD – 30M – BUY

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

An ascent up to the next resistance at 1.3569 is likely expected.

Caution: A possible change in the direction of the support level at 1.35119 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.3569 – 1.3601 – 1.36035 – 1.35119 – 1.3523 – 1.3568 —
1.35317 – 1.35279 —
41.907833338398 – 42.733386534644 —
– —
1.3569 – 1777915800

Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –