GBP/USD – 1H – BUY

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair could go up.

Then a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Bearish SBS White Lines’ chart pattern is existing. The candles show ‘Bearish SBS White Lines’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).

1.34426 – 1.34607 – 1.34326 – 1.33902 – 1.33831 – 1.33242 —
1.34287 – 1.34336 —
54.257036564782 – 48.451020891177 —
– —
1.34426 – 1781632800

Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish SBS White Lines – – – – – – – – –