GBP/USD – 1H – SELL

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 1.33390482 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 1.34231 should always be considered.
Consider stop-loss settings accordingly.

1.34231 – 1.34102 – 1.33693 – 1.33579 – 1.33304 – 1.33056 —
1.33961 – 1.33914 —
47.142206926355 – 53.460785427653 —
– —
1.34231 – 1781107200

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