GBP/USD – 1H – SELL

The combination British Pound/US Dollar (GBP/USD) jumps from the ascending trendline downwards

A descending movement down to the next support line at 0 will persist.

Caution: A possible change in the direction of the resistance line at 0 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

1.31925 – 1.32002 – 1.31547 – 1.31415 – 1.31353 – 1.30839 —
1.31623 – 1.31625 —
45.866153200432 – 51.408197755853 —
– —
1.31925 – 1763388000

Trading Signals: FOREX – GBP – GBP/USD – USD – – Double top retreat up – – – –