EUR/GBP – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 0.87861 is certain.

Caution: A possible change in the direction of the resistance zone at 0.87933 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 0.87797 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support zone at 0.87933 could happen.
In the case of a trade, always set appropriate stop-loss settings.

0.87933 – 0.88307 – 0.88251 – 0.87861 – 0.87797 – 0.88128 —
0.87881 – 0.87928 —
27.702694698928 – 54.099595250819 —
– —
0.87933 – 1764043200

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