GBP/USD – 30M – SELL

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

A continuation of the downtrend down to the next support at 1.35081 will persist.

Caution: A possible counter-trend in the direction of resistance at 1.3623 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.3623 – 1.3632 – 1.37327 – 1.35081 – 1.35173 – 1.36422 —
1.36219 – 1.36138 —
63.825690757145 – 56.517438412956 —
– —
1.3623 – 1770406200

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – – – – – – – – –