GBP/USD – 30M – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart formation is detected. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A continuation of the downtrend down to the next support line at 1.365 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 1.37327 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

1.37327 – 1.37068 – 1.37061 – 1.365 – 1.36227 – 1.36599 —
1.37159 – 1.36997 —
48.990599295414 – 39.374131169107 —
– —
1.37327 – 1770202800

Trading Signals: FOREX – GBP – GBP/USD – USD – Three Black Crows – Symmetrical Triangle Chart Pattern – – – – – – – –