GBP/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 1.30491 is considered certain.

Caution: A possible change in the direction of the resistance zone at 1.3102 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.

In addition a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle chart pattern is discovered. The candles show ‘Three Black Crows’. which 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 probability of ‘Three Black Crows’ going down is 82%.

1.3102 – 1.31231 – 1.31544 – 1.30491 – 1.3037 – 1.30429 —
1.30848 – 1.30905 —
37.430874149696 – 54.622159395331 —
– —
1.31020 – 1763721000

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – – – – – – – – –