EUR/GBP – 30M – SELL

The pair Euro/British Pound (EUR/GBP) goes from the bullish trendline downwards

A bearish movement downwards to the next support line at 0.87975 is certain.

Caution: A possible change in the direction of the resistance zone at 0.88233 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.88233 – 0.88177 – 0.88283 – 0.87975 – 0.88044 – 0.88054 —
0.88169 – 0.88189 —
53.255396685384 – 55.106359812552 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double bottom chart pattern – – – –