GBP/USD – 1H – SELL

The pair British Pound/US Dollar (GBP/USD) jumps from the ascending trendline downwards

A descent down to the next support level at 1.35865 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 1.36613 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

1.35275 – 1.35757 – 1.35179 – 1.35865 – 1.34538 – 1.34571 —
1.36223 – 1.36391 —
70.600382233181 – 71.717123317975 —
1.35865 – 1777626000 —
1.35275 – 1777431600

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