GBP/USD – 30M – SELL

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

A continuation of the downtrend down to the next support level at will continue.

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

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The pair is likely to go down.

Moreover a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.36809 – 1.36738 – 1.36755 – 1.36345 – 1.36448 – 1.35854 — 49.916584798818 – 44.993931053281 — 81.37914567045 – 58.086060866194 – 88.962279412809 – 76.214872207612

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