GBP/USD – 1H – SELL

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

A continuation of the bearish trend down to the next support at 1.34138 will continue.

Caution: A possible trend reversal in the direction of resistance at 1.35017 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

1.35017 – 1.34908 – 1.35302 – 1.34138 – 1.34013 – 1.34492 —
1.34357 – 1.34643 —
33.724651057508 – 56.772717470272 —
1.34138 – 1767589200 —
1.35017 – 1767373200

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