GBP/USD – 30M – SELL

Next a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination British Pound/US Dollar (GBP/USD) moves from the bullish trendline downwards

A descent downwards to the next support at 1.33132 will continue.

Caution: A possible change in the direction of resistance at 1.33463 should be noted.
Consider stop-loss settings accordingly.

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

Next a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.

Next a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 1.33132 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 1.33463 should be noted.
Consider stop-loss settings accordingly.

1.33463 – 1.33615 – 1.33622 – 1.33132 – 1.33144 – 1.33194 —
1.33289 – 1.33378 —
40.678906010543 – 57.693876607531 —
– —
1.33463 – 1765180800

Trading Signals: FOREX – GBP – GBP/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –