EUR/GBP – 4H – SELL

The pair Euro/British Pound (EUR/GBP) moves from the descending trendline downwards

A continuation of the downtrend down to the next support line at 0.86576 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.87451 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair is likely to fall.

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

0.87451 – 0.86922 – 0.86907 – 0.86576 – 0.86526 – 0.86512 —
0.86860 – 0.86997 —
46.892540308902 – 52.207984519347 —
– —
0.87451 – 1768996800

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