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 line at 1.35779 will persist.

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

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.

And also a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

1.35779 – 1.3569 – 1.3601 – 1.35132 – 1.35119 – 1.3523 —
1.35520 – 1.35429 —
50.192828750059 – 43.426765209559 —
– —
1.35779 – 1778005800

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