The combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 1.31152 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 1.308 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Die Paarung wird wahrscheinlich steigen.
Then a ‘MACD Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘MACD Hidden Bullish Divergence’. In der Regel bedeutet das ein positives chart scenario. Die Paarung wird wahrscheinlich steigen.
Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.31231 |
| 2nd High | 1.31159 |
| Next High | 1.31152 |
| Current Price | 1.31211 |
| Next Low | 1.308 |
| 2nd Low | 1.30382 |
| 3rd Low | 1.3037 |
1.31152 – 1.31159 – 1.3111 – 1.308 – 1.30872 – 1.30848 —
1.31150 – 1.31056 —
50.547098795181 – 50.765218583238 —
– —
1.31152 – 1764041400
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –