GBP/USD – 1H – SELLAdditionally a ‘Three Line Strike – Bearish’ candlestick chart pattern is found. The chart shows ‘Three Line Strike – Bearish’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.27202 |
| 2nd High | 1.27142 |
| Next High | 1.26940 |
| Current Price | 1.26853 |
| Next Low | 1.26448 |
| 2nd Low | 1.25246 |
| 3rd Low | 1.25067 |
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Line Strike – Bearish