GBP/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 1.34746 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 1.35394 could be enabled.
Consider stop-loss settings accordingly.

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

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

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

1.35394 – 1.35344 – 1.35441 – 1.34746 – 1.34824 – 1.35208 —
1.35203 – 1.35235 —
52.017690209591 – 53.403488147151 —
– —
1.35394 – 1776792600

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