GBP/USD – 4H – SELL

The combination British Pound/US Dollar (GBP/USD) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.32153 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The pair is likely to go down.

There is also a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.

1.32153 – 1.31907 – 1.33691 – 1.30096 – 1.30963 – 1.32868 —
1.31712 – 1.31632 —
50.865749090773 – 51.537165035124 —
– —
1.32153 – 1763049600

Trading Signals: FOREX – GBP – GBP/USD – USD – – Symmetrical Triangle Chart Pattern – – – –