GBP/USD – 4H – SELL

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

A bearish descent down to the next support at 1.32565 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 1.34789 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

And also a ‘Two Crows’ candlestick pattern is detected. The chart forms ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.34789 – 1.34668 – 1.3483 – 1.32565 – 1.32456 – 1.32178 —
1.33403 – 1.32770 —
43.648200303967 – 35.8769798157 —
– —
1.34789 – 1774281600

Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – Symmetrical Triangle Chart Pattern – – – – – – – –