GBP/USD – 30M – BUYMoreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Bullish Belt Hold’ candle pattern is discovered. The chart forms ‘Bullish Belt Hold’. this 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 Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34236 |
| 2nd High | 1.33901 |
| Next High | 1.33387 |
| Current Price | 1.33192 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.33387 – 1.33901 – 1.34236 – 1.32644 – 1.32471 – 1.32775
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold