GBP/USD – 1H – SELL

Also there is a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 1.32028028 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.3251 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. 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 ‘Three Black Crows’ going down is 82%.

1.32424 – 1.3251 – 1.33459 – 1.31779 – 1.31812 – 1.31586 —
1.32176 – 1.32555 —
51.383901632462 – 64.772743712132 —
– —
1.32424 – 1775210400

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – – – – – – – – –