GBP/USD – 30M – BUY

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

An ascending movement upwards to the next resistance at 1.32482 will continue.

Caution: A possible change in the direction of the support line at should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.32482 – 1.32541 – 1.32443 – 1.32144 – 1.32095 – 1.31237 —
1.32176 – 1.32329 —
38.182970181855 – 50.384011926258 —
– —
1.32482 – 1764550800

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