GBP/USD – 30M – BUY

Also there is a ‘Falling Wedge Chart Pattern’ chart formation is discovered. The formation shows ‘Falling Wedge Chart Pattern’. which is a bullish signal. The pair is likely to go up.

The currency pair British Pound/US Dollar (GBP/USD) breaks through the descending trendline upwards

A bullish movement up to the next resistance line at 1.36026 will continue.

Caution: A possible trend reversal in the direction of support at should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 1.35924048 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 1.36026 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.36026 – 1.35699 – 1.36321 – 1.35161 – 1.35211 – 1.35224

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji