Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair is likely to fall.
Also there is a ‘Bearish Engulfing’ candlestick chart pattern is existing. The candles show ‘Bearish Engulfing’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.36613 |
| 2nd High | 1.35989 |
| Next High | 1.35757 |
| Current Price | 1.35217 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.35757 – 1.35368 – 1.34726 – 1.34982 – 1.34532 – 1.34472 —
1.35364 – 1.35311 —
46.694905674952 – 35.455125465793 —
– —
1.35757 – 1777302000
Trading Signals: FOREX – GBP – GBP/USD – USD – Bearish Engulfing – – – – – – – – –