GBP/USD – 30M – BUY

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

The bullish trend upwards to the next resistance at 1.35757 is expected.

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

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Furthermore a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern 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’ going up is 82%.

1.35757 – 1.35368 – 1.34726 – 1.34982 – 1.34532 – 1.34472 —
1.35393 – 1.35358 —
43.004266251994 – 42.923198052358 —
– —
1.35757 – 1777302000

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