GBP/USD – 30M – SELLMoreover a ‘Three Line Strike – Bearish’ chart pattern is detected. The chart shows ‘Three Line Strike – Bearish’. which is a negative 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 Line Strike – Bearish’ going down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.26136 |
| 2nd High | 1.26073 |
| Next High | 1.25754 |
| Current Price | 1.24769 |
| Next Low | 1.24728 |
| 2nd Low | 1.24099 |
| 3rd Low | 1.23878 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Line Strike – Bearish