Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.3176 |
| 2nd High | 1.31707 |
| Next High | 1.31544 |
| Current Price | 1.30663 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.31544 – 1.31707 – 1.3176 – 1.3037 – 1.30429 – 1.30918 —
1.30634 – 1.30841 —
49.991120619993 – 62.425313308106 —
– —
1.31544 – 1763541000
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Outside Down – – – – –