And also a ‘Double top chart pattern’ chart layout is detected. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The pair is likely to go down.
And also a ‘Bearish Harami’ chart pattern is detected. The chart shows ‘Bearish Harami’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36613 |
| 2nd High | 1.35817 |
| Next High | 1.35748 |
| Current Price | 1.34850 |
| Next Low | 1.34694 |
| 2nd Low | 1.34343 |
| 3rd Low | 1.34337 |
1.35748 – 1.35362 – 1.35346 – 1.34903 – 1.34694 – 1.34752 —
1.35473 – 1.34812 —
41.051131542709 – 38.932508332888 —
– —
1.35748 – 1772078400
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Harami – Double top chart pattern – – – – – – – –