GBP/USD – 30M – SELL

The combination British Pound/US Dollar (GBP/USD) jumps from the ascending trendline down.

The bearish trend down to the next support at 1.32731 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.33693 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘MACD crosses below signal’ indicator signal is found. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

1.33642 – 1.3339 – 1.32654 – 1.32731 – 1.32299 – 1.32178 —
1.33568 – 1.33743 —
54.306290698741 – 73.036922136768 —
– —
1.33642 – 1773781200

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