Title
by Americanbulls.com LLC
Last Update
24/03/2023
GBPUSD
BRITISH POUND STERLING / US DOLLAR
Last Signal: SELL
Last Pattern: BEARISH SHOOTING STAR
Last Close:
1.2230
Change:
-0.0055
Percent change
-0.45%
Signal Update
Our system’s recommendation today is to SELL. The BEARISH SHOOTING STAR pattern finally received a confirmation because the prices crossed below the confirmation level which was at 1.2266, and our valid average selling price stands now at 1.2244. The previous BUY signal was issued on 10/03/2023, 14 days ago, when the currency rate was 1.1945. Since then GBPUSD has risen by +2.50%.
Market Outlook
The market ran out of steam and the traders are now more in agreement about the bearishness. The evidence is strong enough to prompt the closing of long positions. The bearish pattern that was previously identified is finally confirmed and a SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet. more...


Candlestick Pattern Chart
The chart showing Series 1 series.
Pattern Description
This pattern consists of a white body followed by an Inverted Hammer that is characterized by a long upper shadow and a small body. It is similar in shape to the Bullish Inverted Hammer pattern but unlike it, the Shooting Star appears in an uptrend and signals a bearish reversal. more...
Signal History
Date 
Price 
Signal 
 
$10K ⇨ 
24/03/20231.2244SELL $28,764
10/03/20231.1945BUY $25,812
23/02/20231.2022SHORT $24,987
21/02/20231.2059BUY $25,381
03/02/20231.2201SELL $25,391
06/01/20231.2079BUY $24,237
05/01/20231.1969SHORT $25,352
26/12/20221.2060BUY $26,302
16/12/20221.2153SELL $26,312
30/11/20221.1975BUY $24,574
28/11/20221.2053SELL $24,584
23/11/20221.1905BUY $23,124
21/11/20221.1846SELL $23,134
07/11/20221.1395BUY $18,662
31/10/20221.1529SELL $18,672
21/10/20221.1286BUY $16,272
19/10/20221.1243SELL $16,282
13/10/20221.1124BUY $15,114
06/10/20221.1305SELL $15,124
28/09/20221.0789BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
24/03/20231.2244SELL $33,315
10/03/20231.1945BUY $30,363
23/02/20231.2022SHORT $29,538
21/02/20231.2059BUY $29,932
03/02/20231.2201SELL $29,942
06/01/20231.2079BUY $28,788
05/01/20231.1969SHORT $29,903
26/12/20221.2060BUY $30,853
16/12/20221.2153SELL $30,863
30/11/20221.1975BUY $29,125
28/11/20221.2053SELL $29,135
23/11/20221.1905BUY $27,675
21/11/20221.1846SELL $27,685
07/11/20221.1395BUY $23,213
31/10/20221.1529SELL $23,223
21/10/20221.1286BUY $20,823
19/10/20221.1243SELL $20,833
13/10/20221.1124BUY $19,665
06/10/20221.1305SELL $19,675
28/09/20221.0789BUY $14,541
03/08/20221.2143SELL $14,551
25/07/20221.2042BUY $13,569
14/07/20221.1868SHORT $15,274
08/07/20221.2027BUY $16,896
28/06/20221.2202SHORT $15,116
16/06/20221.2205BUY $15,190
09/06/20221.2517SELL $15,200
07/06/20221.2588BUY $15,924
01/06/20221.2578SELL $15,934
16/05/20221.2283BUY $13,026
06/05/20221.2337SHORT $12,456
04/05/20221.2559BUY $14,700
18/04/20221.3032SHORT $9,910
13/04/20221.3114BUY $10,760
24/03/20221.3183SHORT $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day
Date 
Price 
Signal 
 
$10K ⇨ 
24/03/20231.2244SELL $41,108
10/03/20231.1945BUY $38,156
23/02/20231.2022SHORT $37,331
21/02/20231.2059BUY $37,725
03/02/20231.2201SELL $37,735
06/01/20231.2079BUY $36,581
05/01/20231.1969SHORT $37,696
26/12/20221.2060BUY $38,646
16/12/20221.2153SELL $38,656
30/11/20221.1975BUY $36,918
28/11/20221.2053SELL $36,928
23/11/20221.1905BUY $35,468
21/11/20221.1846SELL $35,478
07/11/20221.1395BUY $31,006
31/10/20221.1529SELL $31,016
21/10/20221.1286BUY $28,616
19/10/20221.1243SELL $28,626
13/10/20221.1124BUY $27,458
06/10/20221.1305SELL $27,468
28/09/20221.0789BUY $22,334
03/08/20221.2143SELL $22,344
25/07/20221.2042BUY $21,362
14/07/20221.1868SHORT $23,067
08/07/20221.2027BUY $24,689
28/06/20221.2202SHORT $22,909
16/06/20221.2205BUY $22,983
09/06/20221.2517SELL $22,993
07/06/20221.2588BUY $23,717
01/06/20221.2578SELL $23,727
16/05/20221.2283BUY $20,819
06/05/20221.2337SHORT $20,249
04/05/20221.2559BUY $22,493
18/04/20221.3032SHORT $17,703
13/04/20221.3114BUY $18,553
24/03/20221.3183SHORT $17,783
16/03/20221.3061BUY $16,599
11/03/20221.3060SHORT $16,604
09/03/20221.3179BUY $17,818
04/02/20221.3560SELL $17,828
22/12/20211.3289BUY $15,216
20/12/20211.3207SHORT $16,046
16/12/20211.3287BUY $16,874
30/11/20211.3295SHORT $16,734
26/11/20211.3340BUY $17,212
19/11/20211.3452SHORT $16,077
16/11/20211.3427BUY $15,853
10/11/20211.3504SHORT $15,073
08/11/20211.3521BUY $15,267
27/10/20211.3746SELL $15,277
01/10/20211.3502BUY $12,899
14/09/20211.3806SELL $12,909
30/08/20211.3758BUY $12,469
02/08/20211.3881SELL $12,479
22/07/20211.3736BUY $11,061
16/07/20211.3803SHORT $10,381
05/07/20211.3845BUY $10,843
11/06/20211.4106SELL $10,853
07/06/20211.4178BUY $11,591
26/05/20211.4118SELL $11,601
26/04/20211.3896BUY $9,451
07/04/20211.3798SHORT $10,356
26/03/20211.3757BUY $9,990
† Standard Lot: US$100K
† Margin: US$10K, Leverage: 1/10
† Transaction cost: US$10/trade
† Long Swap: -US$2/day
† Short Swap: +US$5/day

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