GBP/USD – 1H – SELL

The pair British Pound/US Dollar (GBP/USD) moves from the bullish trendline downwards

A bearish movement down to the next support at 1.33803 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.35577 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

And also a ‘Two Crows’ candle chart pattern is found. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.35577 – 1.34426 – 1.34112 – 1.34593 – 1.33803 – 1.33418 —
1.34754 – 1.34509 —
47.261323626781 – 43.705809849172 —
– —
1.35577 – 1784149200

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