GBP/USD – 1H – BUY

The combination British Pound/US Dollar (GBP/USD) goes from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 1.31925 is likely expected.

Caution: A possible counter-trend in the direction of support at could be enabled.
Consider stop-loss settings accordingly.

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

Also there is a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘RSI Hidden Bullish Divergence’ indicator layout is detected. The indicator is ‘RSI Hidden Bullish Divergence’. which is often a bullish chart scenario. The pair is likely to go up.

Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. 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 ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.31925 – 1.32002 – 1.31547 – 1.31353 – 1.30839 – 1.31158 —
1.31783 – 1.31544 —
52.306889861868 – 44.100820749371 —
– —
1.31925 – 1763388000

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