GBP/USD – 1H – BUY

The combination British Pound/US Dollar (GBP/USD) goes from the bullish trendline up.

A continuation of the upward movement upwards to the next resistance at 1.33864 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 1.33056 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

And also a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.33864 – 1.34027 – 1.33696 – 1.33056 – 1.32528 – 1.33138 —
1.33764 – 1.33227 —
51.113646464549 – 40.76864770084 —
– —
1.33864 – 1772679600

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