Buy GBP/USD – 1H – BUY

Besides a ‘Bullish Engulfing’ candle chart pattern is detected. The chart forms ‘Bullish Engulfing’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Engulfing’ going up is 63%.

Support & Resistance Price Range*
3rd High 1.27283
2nd High 1.27253
Next High 1.26666
Current Price 1.25984
Next Low 1.24744
2nd Low
3rd Low

Download GBP/USD Signal Image

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