GBP/USD – 30M – SELL

The combination British Pound/US Dollar (GBP/USD) jumps from the descending trendline down.

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

Caution: A possible reversal of the trend in the direction of the resistance line at 1.36809 could be enabled.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.36809 – 1.36738 – 1.36755 – 1.36345 – 1.36448 – 1.35854 — 49.916584798818 – 44.993931053281 — 81.37914567045 – 58.086060866194 – 88.962279412809 – 76.214872207612

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