GBP/USD – 1H – SELL

The currency pair British Pound/US Dollar (GBP/USD) moves from the descending trendline down.

A continuation of the downward movement down to the next support level at 1.31398 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 1.32087 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which could be a negative signal. The pair is likely to go down.

1.32087 – 1.32728 – 1.32402 – 1.31398 – 1.31819 – 1.31831 —
1.31687 – 1.31829 —
44.497342032632 – 54.265567991657 —
– —
1.32087 – 1782291600

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