GBP/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 1.35028 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 1.35362 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Harami’ candle chart pattern is found. The candles form ‘Bearish Harami’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ heading down is 53% (Bull Market) & 50% (Bear Market).

1.35362 – 1.35009 – 1.35245 – 1.34874 – 1.34763 – 1.34694 —
1.35187 – 1.35335 —
60.065130054863 – 49.341319270762 —
– —
1.35362 – 1771956000

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