Sell GBP/USD – 30M – SELL

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

A bearish trend down to the next support line at 1.3211 will persist.

Caution: A possible counter-trend in the direction of resistance at 1.32681 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Also there is a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 1.33459
2nd High 1.33198
Next High 1.32681
Current Price 1.32520
Next Low 1.3211
2nd Low 1.31779
3rd Low 1.31586

1.32681 – 1.32589 – 1.32424 – 1.3211 – 1.32176 – 1.31779 —
1.32308 – 1.32838 —
51.011917966517 – 68.09422633844 —
– —
1.32681 – 1775496600

Trading Signals:

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