Sell GBP/USD – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 1.3323 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 1.33809 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bearish Harami’ candlestick pattern is discovered. The candles show ‘Bearish Harami’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 1.34336
2nd High 1.33844
Next High 1.33809
Current Price 1.33558
Next Low 1.33454
2nd Low 1.33344
3rd Low 1.32943

1.33809 – 1.33844 – 1.32915 – 1.33454 – 1.33344 – 1.32943 —
1.33551 – 1.33564 —
47.916084391529 – 49.81685274895 —
– —
1.33809 – 1783071000

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