Buy GBP/USD – 30M – BUY

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

A continuation of the upward movement up to the next resistance at 1.32764 will continue.

Caution: A possible trend reversal in the direction of the support level at 1.32282 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

In addition a ‘MACD crosses above signal’ indicator signal is existing. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.

In addition a ‘Three Line Strike – Bullish’ candle pattern is detected. The candles form ‘Three Line Strike – Bullish’. 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 ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).

Support & Resistance Price Range*
3rd High 1.34336
2nd High 1.33246
Next High 1.32764
Current Price 1.32505
Next Low 1.32282
2nd Low 1.3212
3rd Low 1.31877

1.32764 – 1.32467 – 1.32619 – 1.32282 – 1.3212 – 1.31877 —
1.32523 – 1.32481 —
52.411049192183 – 46.550910783526 —
– —
1.32764 – 1782842400

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