EUR/GBP – 1H – SELLAnd also a ‘Double bottom chart pattern’ chart pattern is detected. The formation shows ‘Double bottom chart pattern’. which is a positive pattern signal. The pair is likely to go up.
The combination Euro/British Pound (EUR/GBP) moves from the ascending trendline downwards
A bearish descent down to the next support line at 0 will continue.
Caution: A possible change in the direction of the resistance zone at 0 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.86821 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.86793 – 0.86784 – 0.86729 – 0.86601 – 0.86526 – 0.86565 —
0.86679 – 0.86823 —
45.96930451117 – 62.157303179702 —
– —
0.86793 – 1768528800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – – – – – –