GBP/USD – 1H – BUYAlso there is a ‘Bullish Tri-Star’ chart pattern is found. The chart shows ‘Bullish Tri-Star’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Tri-Star’ heading up is 60% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27498 |
| 2nd High | 1.27459 |
| Next High | 1.27222 |
| Current Price | 1.27028 |
| Next Low | 1.26296 |
| 2nd Low | 1.26171 |
| 3rd Low | 1.25246 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Tri-Star