GBP/USD – 1H – BUY

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

A continuation of the bullish trend up to the next resistance line at 1.36575 will persist.

Caution: A possible trend reversal in the direction of the support zone at is also possible.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

1.36575 – 1.35275 – 1.35757 – 1.35119 – 1.3568 – 1.35865 —
1.35345 – 1.35473 —
36.43771719379 – 48.316303840127 —
– —
1.36575 – 1777654800

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