GBP/USD – 1H – SELL

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

A bearish descent downwards to the next support level at 1.37494 will continue.

Caution: A possible counter-trend in the direction of resistance at 1.38686 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

1.38686 – 1.37127 – 1.36817 – 1.37494 – 1.36635 – 1.36426 —
1.37938 – 1.38299 —
51.965054755791 – 62.01054326295 —
– —
1.38686 – 1769551200

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