GBP/USD – 30M – BUY

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

The bullish trend upwards to the next resistance at 1.33322 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.32456 could happen.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Three White Soldiers’ candle pattern is detected. The chart forms ‘Three White Soldiers’. which is a positive signal. The 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%.

1.33322 – 1.33471 – 1.33681 – 1.33215 – 1.33584 – 1.33697 —
1.32454 – 1.32620 —
29.7819037246 – 44.023266908077 —
– —
1.33322 – 1774636200

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