Sell EUR/GBP – 1H – SELL

There is also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 0.87351966 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 0.87487 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 0.87964
2nd High 0.87733
Next High 0.87487
Current Price 0.87427
Next Low 0.87164
2nd Low 0.86856
3rd Low 0.86824

0.87487 – 0.8721 – 0.8717 – 0.87164 – 0.86856 – 0.86864 —
0.87431 – 0.87512 —
55.194987942662 – 60.826883724577 —
– —
0.87487 – 1771347600

Trading Signals:

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