GBP/USD – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance at 1.34336 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 1.33219 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.34098 – 1.33698 – 1.33938 – 1.33219 – 1.33416 – 1.33282 —
1.34000 – 1.34069 —
58.771479604426 – 61.090419144015 —
– —
1.34098 – 1783540800

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