GBP/USD – 30M – BUY

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

A bullish ascent up to the next resistance at 1.352 is certain.

Caution: A possible change in the direction of the support line at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair could go up.

Besides a ‘Bullish Belt Hold’ candlestick pattern is discovered. The candles show ‘Bullish Belt Hold’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

1.352 – 1.34739 – 1.35591 – 1.34525 – 1.34625 – 1.35345 — 59.742742410084 – 66.315944100294 — 21.795482198593 – 36.9359360948 – 35.586927998862 – 31.227847431625

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold – – –