EUR/GBP – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.88054 will persist.

Caution: A possible change in the direction of the resistance line at 0.88177 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Three Black Crows’ candlestick pattern is discovered. The chart shows ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

0.88177 – 0.88283 – 0.8865 – 0.88054 – 0.87895 – 0.8792 —
0.88176 – 0.88148 —
51.013846917266 – 47.286841918699 —
– —
0.88177 – 1763454600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – Symmetrical Triangle Chart Pattern – – – –