GBP/USD – 1H – BUY

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

A bullish ascent upwards to the next resistance level at 1.34128 is certain.

Caution: A possible change in the direction of support at 1.33383 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

1.34128 – 1.34445 – 1.34637 – 1.33383 – 1.33621 – 1.34191 —
1.34027 – 1.34093 —
50.99585575687 – 57.920432703335 —
– —
1.34128 – 1768564800

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