GBP/USD – 1H – BUY

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

A continuation of the bullish trend upwards to the next resistance level at 1.35275 is certain.

Caution: A possible trend reversal in the direction of support at 1.34538 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which 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 likelyhood of ‘Three White Soldiers’ going up is 82%.

1.35275 – 1.35757 – 1.35179 – 1.34538 – 1.34571 – 1.34627 —
1.35288 – 1.35868 —
66.252578780368 – 73.840153118298 —
– —
1.35275 – 1777431600

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