Buy GBP/USD – 1H – BUY

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.31925
2nd High 1.3176
Next High 1.31231
Current Price 1.30970
Next Low
2nd Low
3rd Low

1.31231 – 1.3176 – 1.31925 – 1.30382 – 1.3037 – 1.31332 —
1.31001 – 1.30930 —
54.789107888644 – 49.951339156931 —
– —
1.31231 – 1763654400

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