GBP/USD – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 1.34015 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 1.35165 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.35165 – 1.35817 – 1.35723 – 1.348 – 1.35491 – 1.34952 —
1.34677 – 1.34735 —
25.99788398375 – 34.465249161545 —
– —
1.35165 – 1771498800

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – – – – – – – – –