GBP/USD – 1H – SELL

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.

Additionally a ‘Bearish Engulfing’ candle chart pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

1.3623 – 1.37327 – 1.37149 – 1.35081 – 1.365 – 1.36227 —
1.36004 – 1.36164 —
52.728548317876 – 58.3318435914 —
– —
1.3623 – 1770404400

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