GBP/USD – 30M – SELL

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 1.35778308 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 1.36116 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Collapsing Doji Star’ candlestick pattern is detected. The candles show ‘Collapsing Doji Star’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

1.36116 – 1.34953 – 1.35135 – 1.34538 – 1.34571 – 1.34945 —
1.35985 – 1.36114 —
57.271007510184 – 60.742882649137 —
– —
1.36116 – 1777586400

Trading Signals: FOREX – GBP – GBP/USD – USD – Collapsing Doji Star – – – – – – – – –