GBP/USD – 30M – BUY

The combination British Pound/US Dollar (GBP/USD) jumps from the bearish trendline up.

A bullish trend up to the next resistance level at 1.33246 is considered certain.

Caution: A possible counter-trend in the direction of the support level at 1.32356 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ” indicator layout is existing. The indicator shows ”. which could be a positive signal. The currency pair is likely to rise.

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In addition a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive signal. The currency pair is likely to rise.

In addition a ‘Bullish Belt Hold’ candle pattern is existing. The candles form ‘Bullish Belt Hold’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.33246 – 1.34336 – 1.34426 – 1.32618 – 1.34184 – 1.34026 —
1.33051 – 1.32318 —
38.063174604628 – 20.779480943598 —
– —
1.33246 – 1781775000

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold – – – – – – – – –