And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair is likely to fall.
And also a ‘Three Inside Down’ chart pattern is existing. The chart forms ‘Three Inside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 1.34812 |
| 2nd High | 1.34619 |
| Next High | 1.34231 |
| Current Price | 1.33768 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
1.34231 – 1.34102 – 1.33693 – 1.33579 – 1.33304 – 1.33056 —
1.33702 – 1.33863 —
40.912225053515 – 52.489209585371 —
– —
1.34231 – 1781107200
Trading Signals: FOREX – GBP – GBP/USD – USD – Three Inside Down – – – – – – – – –