EUR/GBP – 1H – SELL

The pair Euro/British Pound (EUR/GBP) jumps from the ascending trendline down.

The bearish trend downwards to the next support line at 0.87895 is certain.

Caution: A possible change in the direction of the resistance level at 0.8865 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Moreover a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.

0.8865 – 0.88379 – 0.88128 – 0.87895 – 0.88119 – 0.87925 —
0.88177 – 0.88233 —
55.34461531471 – 53.618612355698 —
– —
0.88650 – 1763114400

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