GBP/USD – 4H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The formation shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support line at 1.34008 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 1.37116 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘Three Black Crows’ candle chart pattern is existing. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

1.37116 – 1.37 – 1.37327 – 1.359 – 1.35081 – 1.36227 —
1.36451 – 1.36145 —
49.953031390924 – 37.710597355401 —
– —
1.37116 – 1770811200

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