GBP/USD – 4H – SELL

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

A bearish descent down to the next support level at 1.34538 will continue.

Caution: A possible change in the direction of resistance at 1.35989 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 1.352305 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 1.35989 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

1.35757 – 1.35989 – 1.35892 – 1.34538 – 1.34472 – 1.34746 —
1.36091 – 1.36010 —
68.315042969152 – 58.370466527921 —
– —
1.35757 – 1777291200

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