Sell GBP/USD – 30M – SELL

Next a ‘Bearish Engulfing’ chart pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 1.27283
2nd High 1.27253
Next High 1.27181
Current Price 1.26505
Next Low 1.25619
2nd Low 1.25246
3rd Low 1.25067

Download GBP/USD Signal Image

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