GBP/USD – 30M – BUY

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

An ascending movement up to the next resistance at 1.32681 is likely expected.

Caution: A possible change in the direction of the support zone at 1.3211 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ” indicator signal is existing. The indicator is ”. which is often a bullish chart signal. The currency pair is likely to rise.

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Next a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

1.32681 – 1.32589 – 1.32424 – 1.3211 – 1.32176 – 1.31779 —
1.32278 – 1.32343 —
48.219490082335 – 51.62152861725 —
– —
1.32681 – 1775496600

Trading Signals: FOREX – GBP – GBP/USD – USD – Three White Soldiers – Rising Wedge Chart Pattern – – – – – – – –