GBP/USD – 30M – SELL

The pair British Pound/US Dollar (GBP/USD) jumps from the ascending trendline downwards

A bearish descent down to the next support level at 1.35534 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 1.35785 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Also there is a ‘Two Crows’ candle pattern is found. The candles show ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

1.35785 – 1.35781 – 1.35789 – 1.35534 – 1.35431 – 1.35573 —
1.35702 – 1.35858 —
53.44879897094 – 65.823404409153 —
– —
1.35785 – 1776276000

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