GBP/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 1.341 will continue.

Caution: A possible change in the direction of resistance at 1.3457 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Inside Down’ candlestick pattern is discovered. The candles show ‘Three Inside Down’. 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 Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

1.3457 – 1.34804 – 1.3483 – 1.341 – 1.343 – 1.3413 —
1.34516 – 1.34465 —
46.600396205539 – 55.647563684859 —
– —
1.3457 – 1773214200

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Inside Down – – – – – – – – –