GBP/USD – 30M – SELL

Next a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 1.33847 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 1.33847 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.33847 – 1.33536 – 1.32214 – 1.33194 – 1.33216 – 1.33272 —
1.33330 – 1.33413 —
47.636685107865 – 55.736066827121 —
– —
1.33847 – 1764869400

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