GBP/USD – 1H – SELL

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

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

Next a ‘Three Line Strike – Bearish’ candlestick pattern is found. The candles show ‘Three Line Strike – Bearish’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Line Strike – Bearish’ heading down is 84% (Bull Market).

1.37149 – 1.37875 – 1.38473 – 1.36227 – 1.3742 – 1.37494 —
1.36724 – 1.37007 —
47.299833902639 – 54.34229367242 —
– —
1.37149 – 1770033600

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Line Strike – Bearish – – – – – – – – –