Sell EUR/GBP – 4H – SELL

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

A continuation of the downward movement downwards to the next support at 0.82685 is considered certain.

Caution: A possible change in the direction of the resistance line at 0.83123 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Bearish Engulfing’ candlestick pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 0.83752
2nd High 0.83642
Next High 0.83123
Current Price 0.82705
Next Low 0.82685
2nd Low 0.82671
3rd Low 0.82596

Download EUR/GBP Signal Image

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals