GBP/USD – 1H – SELL

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

A descending movement downwards to the next support level at 1.36426 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 1.36817 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair could go down.

1.36817 – 1.34589 – 1.34911 – 1.36426 – 1.34015 – 1.34008 —
1.36677 – 1.37122 —
70.021214004054 – 74.486093953225 —
1.36426 – 1769421600 —
1.36817 – 1769385600

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