In addition a ‘Double top chart pattern’ chart formation is existing. The chart picture shows ‘Double top chart pattern’. this is a bearish signal. The pair is likely to go down.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.
In addition a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37116 |
| 2nd High | 1.36711 |
| Next High | 1.36613 |
| Current Price | 1.36322 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.36613 – 1.36586 – 1.36711 – 1.36345 – 1.36351 – 1.359 —
1.36503 – 1.36392 —
53.497200681553 – 44.2094792163 —
– —
1.36613 – 1771239600
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – Double top chart pattern – – – – – – – –