GBP/USD – 30M – SELL

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

A descent downwards to the next support at 1.308 is expected.

Caution: A possible change in the direction of the resistance level at 1.31152 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘%K crosses below %D’ indicator layout is existing. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.

1.31152 – 1.31159 – 1.3111 – 1.308 – 1.30872 – 1.30848 —
1.30994 – 1.31280 —
43.121168031414 – 65.329861857944 —
– —
1.31152 – 1764041400

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