GBP/USD – 30M – SELL

There is also a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 1.3507 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of resistance at 1.351 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Concealing Baby Swallow’ candle pattern is detected. The candles show ‘Concealing Baby Swallow’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Concealing Baby Swallow’ going down is 75% (Bull Market).

1.351 – 1.35352 – 1.35394 – 1.34812 – 1.34787 – 1.34916 —
1.35102 – 1.35060 —
48.521686245093 – 47.515114443753 —
– —
1.351 – 1776916800

Trading Signals: FOREX – GBP – GBP/USD – USD – Concealing Baby Swallow – – – – – – – – –