GBP/USD – 1H – BUY

Besides a ‘MACD-Hist Bullish Divergence’ indicator signal is existing. The indicator is ‘MACD-Hist Bullish Divergence’. Dieses ist oftmals ein bullisches signal. Das Paar tendiert eventuell nach oben.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 1.33847 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 1.33847 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The 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).

1.33847 – 1.33536 – 1.32753 – 1.33272 – 1.31792 – 1.3205 —
1.33316 – 1.33367 —
46.20521442037 – 52.38692505965 —
– —
1.33847 – 1764867600

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