GBP/USD – 30M – SELL

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

A continuation of the downward movement downwards to the next support level at is expected.

Caution: A possible trend reversal in the direction of resistance at 1.36809 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

1.36809 – 1.36738 – 1.36755 – 1.36345 – 1.36448 – 1.35854 — 49.916584798818 – 44.993931053281

Trading Signals: FOREX – GBP – GBP/USD – USD – Northern Doji – – –