And also a ‘Three Outside Up’ candle pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 1.27283 |
2nd High | 1.27253 |
Next High | 1.27181 |
Current Price | 1.25979 |
Next Low | 1.25619 |
2nd Low | 1.25246 |
3rd Low | 1.25067 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Outside Up