GBP/USD – 30M – BUY

The combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards

A continuation of the upward movement up to the next resistance level at 1.36712 will persist.

Caution: A possible trend reversal in the direction of the support zone at 1.36293 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.36712 – 1.36194 – 1.35629 – 1.36293 – 1.36235 – 1.35937 — 58.36737045274 – 62.057557786775 — 98.726170715759 – 98.726170715759 – 88.328128109922 – 98.726170715759

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