GBP/USD – 1H – SELL

There is also a ‘Symmetrical Triangle Chart Pattern’ chart layout is found. The chart forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The pair is likely to go down.

The combination British Pound/US Dollar (GBP/USD) goes from the bearish trendline down.

A continuation of the downtrend down to the next support line at 1.318 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 1.32188 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish signal. The currency pair could go down.

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

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 1.3168262 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 1.32188 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

1.32188 – 1.32087 – 1.32728 – 1.318 – 1.31506 – 1.31398 —
1.32217 – 1.32223 —
62.226512266581 – 58.221440942524 —
– —
1.32188 – 1782414000

Trading Signals: FOREX – GBP – GBP/USD – USD – – Symmetrical Triangle Chart Pattern – – – – – – – –