Sell EUR/GBP – 1H – SELL

The combination Euro/British Pound (EUR/GBP) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 0.86166 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.86403 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 0.86735
2nd High 0.86657
Next High 0.86403
Current Price 0.86407
Next Low 0.86166
2nd Low 0.86143
3rd Low 0.86113

0.86403 – 0.86657 – 0.86735 – 0.86166 – 0.86589 – 0.8653 —
0.86333 – 0.86425 —
48.182853933468 – 62.464683426827 —
– —
0.86403 – 1777654800

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