GBP/USD – 30M – SELL

The combination British Pound/US Dollar (GBP/USD) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support at 1.36345 will continue.

Caution: A possible trend reversal in the direction of resistance at 1.36613 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.36613 – 1.36586 – 1.36711 – 1.36345 – 1.36351 – 1.359 —
1.36320 – 1.36272 —
43.938110557264 – 40.803384293362 —
– —
1.36613 – 1771239600

Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – Double top chart pattern – – – – – – – –