EUR/GBP – 30M – SELLThe combination Euro/British Pound (EUR/GBP) goes from the bearish trendline down.
A continuation of the bearish trend downwards to the next support level at 0.86495 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 0.86707 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore 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 pair is likely to go down.
Furthermore a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0.87323 |
| 2nd High | 0.87156 |
| Next High | 0.86707 |
| Current Price | 0.86610 |
| Next Low | 0.86495 |
| 2nd Low | 0.86492 |
| 3rd Low | 0.86485 |
0.86707 – 0.86692 – 0.87156 – 0.86495 – 0.86492 – 0.86485 —
0.86666 – 0.86691 —
52.653162900298 – 57.647164779742 —
– —
0.86707 – 1769707800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double top retreat up – – – – – – – –