GBP/USD – 4H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is certain. Current target is 1.34970516 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 1.35892 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Bearish Harami Cross’ candlestick chart pattern is found. The chart forms ‘Bearish Harami Cross’. 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 ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

1.35892 – 1.3484 – 1.33459 – 1.33804 – 1.31779 – 1.31586 —
1.35726 – 1.35746 —
71.242709725296 – 67.714878014579 —
– —
1.35892 – 1776168000

Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Harami Cross – Rising Wedge Chart Pattern – – – – – – – –