GBP/USD – 30M – SELL

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

A descending movement down to the next support line at 1.31285 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 1.31707 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

1.31707 – 1.3176 – 1.31925 – 1.31285 – 1.31332 – 1.31415 —
1.31398 – 1.31544 —
45.046686404751 – 57.605480718463 —
– —
1.31707 – 1763487000

Trading Signals: FOREX – GBP – GBP/USD – USD – – Symmetrical Triangle Chart Pattern – – – –