GBP/USD – 30M – SELL

The currency pair British Pound/US Dollar (GBP/USD) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 1.35017 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

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

1.35017 – 1.34908 – 1.34765 – 1.34138 – 1.34336 – 1.34013 —
1.34364 – 1.34643 —
42.838721075708 – 62.848942186024 —
– —
1.35017 – 1767375000

Trading Signals: FOREX – GBP – GBP/USD – USD – – Double bottom retreat down – – – – – – – –