GBP/USD – 1H – SELL

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.35212316 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 1.35989 is within the realm of possibility.
Consider stop-loss settings accordingly.

Moreover a ‘Three Black Crows’ candlestick pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

1.35179 – 1.35352 – 1.35394 – 1.34472 – 1.34787 – 1.34916 —
1.35573 – 1.35557 —
67.748011747944 – 60.264617804655 —
– —
1.35179 – 1776963600

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