EUR/GBP – 30M – SELL

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

A bearish descent down to the next support line at 0.87544 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 0.88176 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘RSI Bullish Divergence’ indicator layout is detected. The indicator is ‘RSI Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.

There is also a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.

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

0.88176 – 0.87891 – 0.87983 – 0.87544 – 0.87651 – 0.87861 —
0.87647 – 0.87567 —
39.778858551854 – 37.009299454283 —
– —
0.88176 – 1764165600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top retreat up – – – – – – – –