GBP/USD – 1H – SELL

The currency pair British Pound/US Dollar (GBP/USD) moves from the bearish trendline down.

A continuation of the downward movement down to the next support at is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.34128 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘%K crosses below %D’ indicator layout is detected. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

1.34128 – 1.34445 – 1.34637 – 1.33383 – 1.33621 – 1.34191 —
1.33914 – 1.34126 —
49.437528327288 – 57.985813546248 —
– —
1.34128 – 1768564800

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