GBP/USD – 1H – BUY

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

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 1.349565 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance level at 1.35179 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.35179 – 1.35352 – 1.35394 – 1.34472 – 1.34787 – 1.34916 —
1.34676 – 1.34689 —
39.084178962752 – 41.196139696416 —
– —
1.35179 – 1776963600

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