EUR/GBP – 1H – SELL

The pair Euro/British Pound (EUR/GBP) jumps from the bearish trendline down.

A continuation of the downtrend down to the next support at 0.86531 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 0.86823 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

0.86823 – 0.86777 – 0.86783 – 0.86531 – 0.86636 – 0.87002 —
0.86682 – 0.86652 —
38.741688530327 – 44.105101669669 —
– —
0.86823 – 1777039200

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