EUR/GBP – 30M – SELL

The combination Euro/British Pound (EUR/GBP) moves from the bearish trendline down.

A continuation of the bearish trend down to the next support level at 0.86113 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.8632 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Tweezers Top’ candle pattern is found. The chart forms ‘Tweezers Top’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

0.8632 – 0.86483 – 0.86436 – 0.86113 – 0.86276 – 0.86278 —
0.86271 – 0.86245 —
46.907096230766 – 43.923885705778 —
– —
0.8632 – 1773957600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Tweezers Top – – – – – – – – –