GBP/USD – 30M – BUYIn addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
In addition a ‘Bullish Belt Hold’ candlestick chart pattern is found. The chart shows ‘Bullish Belt Hold’. 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 success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.35989 |
| 2nd High | 1.35441 |
| Next High | 1.35394 |
| Current Price | 1.35263 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35394 – 1.35344 – 1.35441 – 1.34746 – 1.34824 – 1.35208 —
1.35106 – 1.35255 —
51.938904930908 – 53.443705207674 —
– —
1.35394 – 1776792600
Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Belt Hold – – – – – – – – –