EUR/GBP – 1H – SELL

The currency pair Euro/British Pound (EUR/GBP) goes from the bullish trendline downwards

A descent downwards to the next support level at 0.86143 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.86792 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

0.86792 – 0.86483 – 0.86504 – 0.86143 – 0.86113 – 0.86276 —
0.86737 – 0.86566 —
52.562371837657 – 49.467664503248 —
– —
0.86792 – 1774227600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – – – – – –