GBP/USD – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 1.3601 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 1.35343 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Also there is a ‘Bullish Tri-Star’ chart pattern is detected. The candles form ‘Bullish Tri-Star’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Tri-Star’ going up is 60% (Bull Market) & 55% (Bear Market).

1.35779 – 1.3569 – 1.3601 – 1.35343 – 1.35132 – 1.35119 —
1.35790 – 1.35912 —
66.10478001409 – 68.371382934136 —
– —
1.35779 – 1778005800

Trading Signals: FOREX – GBP – GBP/USD – USD – Bullish Tri-Star – – – – – – – – –