EUR/GBP – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 0.87213 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 0.87413 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.

In addition a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

0.87413 – 0.87535 – 0.88012 – 0.87213 – 0.87383 – 0.87367 —
0.87399 – 0.87348 —
55.025211817751 – 37.764736830913 —
– —
0.87413 – 1764901800

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