GBP/USD – 4H – SELL

The combination British Pound/US Dollar (GBP/USD) goes from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 1.34013 will continue.

Caution: A possible change in the direction of the resistance level at 1.35302 is also possible.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

1.35302 – 1.35339 – 1.34459 – 1.34013 – 1.33113 – 1.33417 —
1.34430 – 1.35395 —
42.916022611749 – 59.031079167665 —
– —
1.35302 – 1767096000

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