GBP/USD – 1H – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 1.36308396 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.36712 is also possible.
Consider stop-loss settings accordingly.
Eine Korrektur des großen bärigen Trends stoppte um das Fibonacci 1-Level.Eine Fortsetzung des aktuell absteigenden Trends gilt als sicher. Ziel des derzeitigen Trends ist 1.36308396 am Fibonacci Level 0.79-Level. Vorsicht: Eine Kursänderung in Richtung der Unterstützungslinie bei 1.36712 könnte erfolgen.
Im Fall eines Trades immer entsprechende Stop-Loss Einstellungen setzen.
The combination British Pound/US Dollar (GBP/USD) moves from the ascending trendline down.
A bearish trend downwards to the next support at 1.36293 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 1.36712 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Das Währungspaar British Pound/US Dollar (GBP/USD) tendiert von der aufsteigenden Trendline abwärts
Der bärige Trend nach unten zur nächsten Unterstützung bei 1.36293 ist sicher.
Vorsicht: Ein Gegentrend in die Richtung des Widerstand-Levels bei 1.36712 könnte eintreten.
Bitte im Fall eines Trades entsprechend Stop-Loss Einstellungen vornehmen.
The currency pair British Pound/US Dollar (GBP/USD) moves from the ascending trendline downwards
A bearish trend downwards to the next support level at 1.36293 is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 1.36712 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 1.36308396 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.36712 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.37522 |
| 2nd High | 1.36809 |
| Next High | 1.36712 |
| Current Price | 1.36365 |
| Next Low | 1.36293 |
| 2nd Low | 1.35235 |
| 3rd Low | 1.35126 |
1.36712 – 1.36194 – 1.35702 – 1.36293 – 1.35235 – 1.35126 — 45.604565069002 – 44.309359686787 — 66.666666666667 – 33.333333333333 – 82.537650261563 – 64.491390068996
Trading Signals: FOREX – GBP – GBP/USD – USD – Two Crows – Rising Wedge Chart Pattern – –