GBP/USD – 1H – BUY

The currency pair British Pound/US Dollar (GBP/USD) breaks through the ascending trendline upwards

A continuation of the uptrend upwards to the next resistance at 1.33743 will continue.

Caution: A possible counter-trend in the direction of the support level at 1.32456 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Three White Soldiers’ candlestick chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

1.33743 – 1.33642 – 1.3339 – 1.32456 – 1.32509 – 1.32731 —
1.32911 – 1.33762 —
47.307250895523 – 68.049116931865 —
– —
1.33743 – 1773824400

Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – – – – – – – – –