EUR/GBP – 1H – SELL

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

A continuation of the downtrend downwards to the next support at is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 0.86729 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

0.86729 – 0.86741 – 0.86922 – 0.86565 – 0.86512 – 0.8663 —
0.86681 – 0.86681 —
52.552816167792 – 53.758419516597 —
– —
0.86729 – 1768417200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Head and Shoulder chart pattern – – – – – – – –