GBP/USD – 30M – SELL

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 1.3250221 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support level at 1.3339 is within the realm of possibility.
Consider stop-loss settings accordingly.

Additionally a ‘Matching Low’ candlestick pattern is detected. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

1.3339 – 1.32654 – 1.32892 – 1.32299 – 1.32178 – 1.33347 —
1.33078 – 1.33142 —
52.292087323947 – 53.030482477444 —
– —
1.3339 – 1773698400

Trading Signals: FOREX – GBP – GBP/USD – USD – Matching Low – – – – – – – – –