GBP/USD – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at 1.34257 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 1.34802 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Two Crows’ candlestick pattern is discovered. The chart shows ‘Two Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

1.34802 – 1.35421 – 1.35577 – 1.34257 – 1.34593 – 1.35192 —
1.34360 – 1.34555 —
33.045125197805 – 53.003058750183 —
– —
1.34802 – 1784282400

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