GBP/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 1.33562 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 1.34364 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bearish Harami’ candle pattern is found. The chart forms ‘Bearish Harami’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

1.33429 – 1.34364 – 1.34668 – 1.32976 – 1.32984 – 1.32456 —
1.32964 – 1.32799 —
32.932599841602 – 34.395454929774 —
– —
1.33429 – 1774240200

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