The combination British Pound/US Dollar (GBP/USD) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 1.35591 is considered certain.
Caution: A possible change in the direction of the support level at 1.35279 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘RSI Hidden Bullish Divergence’ indicator signal is detected. The indicator shows ‘RSI Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36809 |
| 2nd High | 1.36712 |
| Next High | 1.35591 |
| Current Price | 1.35535 |
| Next Low | 1.35279 |
| 2nd Low | 1.34138 |
| 3rd Low | 1.34013 |
1.3548 – 1.35017 – 1.34908 – 1.35279 – 1.34138 – 1.34336 —
1.35616 – 1.35577 —
74.544845359836 – 60.622242389563 —
– —
1.35480 – 1767654000
Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – – – – – – – –