Sell GBP/USD – 1H – SELL

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Three Inside Down’ chart pattern is existing. The chart forms ‘Three Inside Down’. which 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 ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 1.34812
2nd High 1.34619
Next High 1.34231
Current Price 1.33768
Next Low
2nd Low
3rd Low

1.34231 – 1.34102 – 1.33693 – 1.33579 – 1.33304 – 1.33056 —
1.33702 – 1.33863 —
40.912225053515 – 52.489209585371 —
– —
1.34231 – 1781107200

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