GBP/USD – 1H – SELL

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

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.339245 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 1.34607 could happen.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ chart pattern is detected. The candles show ‘Three Black 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 ‘Three Black Crows’ going down is 82%.

1.34607 – 1.34326 – 1.34231 – 1.33831 – 1.33242 – 1.33495 —
1.34337 – 1.34296 —
49.689362385206 – 50.510445875846 —
– —
1.34607 – 1781492400

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