GBP/USD – 30M – BUY

The combination British Pound/US Dollar (GBP/USD) breaks through the ascending trendline up.

A continuation of the upward movement up to the next resistance level at 1.35591 is considered certain.

Caution: A possible counter-trend in the direction of the support zone at 1.35279 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘RSI Hidden Bullish Divergence’ indicator layout is found. The indicator shows ‘RSI Hidden Bullish Divergence’. In der Regel bedeutet das ein negatives chart scenario. Das Paar tendiert eventuell nach unten.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Additionally a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.3548 – 1.35017 – 1.34908 – 1.35279 – 1.34138 – 1.34336 —
1.35483 – 1.35551 —
70.384784403406 – 63.267602212125 —
– —
1.35480 – 1767654000

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