GBP/USD – 30M – BUY

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Current target is 1.33847 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance zone at 1.33622 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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).

1.33622 – 1.33847 – 1.33536 – 1.33194 – 1.33216 – 1.33272 —
1.33599 – 1.33398 —
64.958075057925 – 49.457908568575 —
– —
1.33622 – 1764927000

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