GBP/USD – 1H – SELL

The pair British Pound/US Dollar (GBP/USD) goes from the ascending trendline downwards

The bearish trend down to the next support at 1.34571 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.35275 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

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

Besides a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.35275 – 1.35757 – 1.35179 – 1.34571 – 1.34627 – 1.34472 —
1.34791 – 1.35288 —
41.038136511101 – 66.252578719718 —
– —
1.35275 – 1777431600

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