GBP/USD – 30M – BUY

Also there is a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.

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

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 1.30749144 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of resistance at 1.31544 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bullish Belt Hold’ candle pattern is discovered. The chart forms ‘Bullish Belt Hold’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

1.31544 – 1.31707 – 1.3176 – 1.30429 – 1.30918 – 1.31285 —
1.30539 – 1.30549 —
30.672183623074 – 31.035359886715 —
– —
1.31544 – 1763541000

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