GBP/USD – 1H – SELL

Besides a ‘Double bottom retreat down’ chart pattern is discovered. The formation shows ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.

Besides a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.37403 – 1.37523 – 1.37703 – 1.36739 – 1.36827 – 1.35903

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – Double bottom retreat down