Buy GBP/USD – 30M – BUY

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

A bullish ascent up to the next resistance at 1.35779 is certain.

Caution: A possible trend reversal in the direction of the support level at 1.35132 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 1.36035
2nd High 1.3601
Next High 1.35779
Current Price 1.35766
Next Low 1.35132
2nd Low 1.35119
3rd Low 1.34538

1.35779 – 1.3569 – 1.3601 – 1.35132 – 1.35119 – 1.3523 —
1.35409 – 1.35736 —
43.018681266791 – 64.969460711221 —
– —
1.35779 – 1778005800

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