EUR/GBP – 30M – SELL

The currency pair Euro/British Pound (EUR/GBP) moves from the ascending trendline down.

The bearish trend down to the next support level at 0.87895 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 0.88283 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.

There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

0.88283 – 0.8865 – 0.8843 – 0.87895 – 0.8792 – 0.88119 —
0.88108 – 0.88138 —
45.033583085059 – 56.912667683 —
– —
0.88283 – 1763368200

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