GBP/USD – 30M – SELL

The currency pair British Pound/US Dollar (GBP/USD) jumps from the bearish trendline down.

A continuation of the bearish trend downwards to the next support at 1.32133 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 1.32424 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Besides a ‘Two Crows’ candle chart pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.32424 – 1.32374 – 1.3251 – 1.32133 – 1.31812 – 1.31906 —
1.32402 – 1.32380 —
55.795214985147 – 54.580146197729 —
– —
1.32424 – 1775212200

Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – – – – – – – – –