Sell GBP/USD – 30M – SELL

The combination British Pound/US Dollar (GBP/USD) moves from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at will continue.

Caution: A possible change in the direction of the resistance line at 1.36809 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 1.37884
2nd High 1.37522
Next High 1.36809
Current Price 1.36452
Next Low
2nd Low
3rd Low

1.36809 – 1.36738 – 1.36755 – 1.36345 – 1.36448 – 1.35854 — 49.916584798818 – 44.993931053281

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