Buy GBP/USD – 30M – BUY

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Next a ‘Bullish Belt Hold’ candlestick chart pattern is existing. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The pair is likely to go up. 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).

Next a ‘Double top chart pattern’ chart formation is existing. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 1.29916
2nd High 1.29679
Next High 1.29676
Current Price 1.29372
Next Low 1.29222
2nd Low 1.29014
3rd Low 1.28708

1.29676 – 1.29679 – 1.29916 – 1.29222 – 1.29378 – 1.29014

Download GBP/USD Signal Image

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