GBP/USD – 1H – SELL

And also a ‘Double top chart pattern’ chart layout is existing. The chart forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Falling Window’ candle chart pattern is detected. The chart shows ‘Falling Window’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

1.36809 – 1.36755 – 1.37522 – 1.35854 – 1.35623 – 1.37034 — 45.571130295599 – 24.399815027487 — 48.001783213126 – 29.923917708089 – 45.769816249915 – 41.054072208575

Trading Signals: FOREX – GBP – GBP/USD – USD – Falling Window – Double top chart pattern – –