And also a ‘Bullish Harami’ candlestick pattern is detected. The candles form ‘Bullish Harami’. 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 likelyhood of ‘Bullish Harami’ going up is 53% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.28109 |
2nd High | 1.27988 |
Next High | 1.27813 |
Current Price | 1.27457 |
Next Low | 1.27235 |
2nd Low | 1.27165 |
3rd Low | 1.26296 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Harami