GBP/USD – 4H – SELL

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

The bearish trend down to the next support line at 1.32528 will continue.

Caution: A possible change in the direction of the resistance zone at 1.35748 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair could go down.

Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.35748 – 1.37116 – 1.37 – 1.32528 – 1.34337 – 1.359 —
1.33760 – 1.33734 —
43.382403048494 – 43.616581277958 —
– —
1.35748 – 1772078400

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