EUR/GBP – 1H – SELLThe currency pair Euro/British Pound (EUR/GBP) goes from the ascending trendline down.
The bearish trend downwards to the next support level at is certain.
Caution: A possible counter-trend in the direction of the resistance line at 0.86907 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87455 |
| 2nd High | 0.87248 |
| Next High | 0.86907 |
| Current Price | 0.86707 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
0.86907 – 0.86631 – 0.87248 – 0.86437 – 0.87146 – 0.87168 —
0.86853 – 0.86755 —
66.325848857586 – 47.382481794045 —
– —
0.86907 – 1767873600
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double top chart pattern – – – – – – – –