GBP/USD – 1H – BUY

Also there is a ‘Double top retreat up’ chart formation is found. The chart picture shows ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to go up.

The currency pair British Pound/US Dollar (GBP/USD) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance at 1.37327 is certain.

Caution: A possible change in the direction of support at 1.365 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Three Line Strike – Bullish’ candle pattern is discovered. The chart forms ‘Three Line Strike – Bullish’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Line Strike – Bullish’ going up is 83% (Bear Market).

1.37327 – 1.37149 – 1.37875 – 1.365 – 1.36227 – 1.3742 —
1.36946 – 1.36636 —
37.733437535568 – 37.024770220683 —
– —
1.37327 – 1770202800

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Line Strike – Bullish – Double top retreat up – – – – – – – –