GBP/USD – 30M – BUYThe currency pair British Pound/US Dollar (GBP/USD) goes from the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 1.37127 will persist.
Caution: A possible trend reversal in the direction of the support zone at 1.36426 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which is often a bullish signal. The currency pair could go up.
And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
And also a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37884 |
| 2nd High | 1.37522 |
| Next High | 1.37127 |
| Current Price | 1.36953 |
| Next Low | 1.36426 |
| 2nd Low | 1.34819 |
| 3rd Low | 1.34015 |
1.37127 – 1.36817 – 1.35083 – 1.36426 – 1.34819 – 1.34015 —
1.36754 – 1.36821 —
47.093693463389 – 52.814189895403 —
– —
1.37127 – 1769450400
Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –