GBPUSD
BRITISH POUND/US DOLLAR
STAY SHORT
Close
1.2294
Prev.Close
1.2344
Change
-0.0050
Change%
-0.41%
Delayed Intraday Module : OFF
BULLISH HARAMI CROSS
DATA NOT AVAILABLE
Sold at
1.2650
Open
1.2347
High
1.2354
Low
1.2234
Close
1.2294
Gain%
-2.81%
Signal History
Pattern & Confirmation Chart for the Last 6 Months
Signal Update
Our system’s recommendation today is to STAY SHORT. The previous SHORT signal was issued on 01/09/2023, 20 days ago, when the stock price was 1.2650. Since then GBPUSD has fallen by -2.81%.
Market Outlook
The bears have recovered and our bearish bet continues. The current price is quite distant from the confirmation level, so the probability of a bullish confirmation is very low. Besides, the signal is suggesting to STAY SHORT. It is best to follow the signal and continue to STAY SHORT. The Delayed Intraday Module is OFF.
Pattern Description
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami. The outline again looks like a pregnant woman, as with the Bullish Harami Pattern. However, now the baby is a Doji. Basically, the pattern is characterized by a black body followed by a Doji that is completely inside the range of the prior black body. more...
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