GBP/USD – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance zone at 1.37068 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Southern Doji’ chart pattern is discovered. The chart forms ‘Southern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).

1.37068 – 1.37061 – 1.37149 – 1.365 – 1.36227 – 1.36599 —
1.37012 – 1.37012 —
52.950179325883 – 58.255712181792 —
– —
1.37068 – 1770145200

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