EUR/GBP – 30M – SELL

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

A descent downwards to the next support line at 0.86524 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 0.86707 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

There is also a ‘Collapsing Doji Star’ candle pattern is found. The chart shows ‘Collapsing Doji Star’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

0.86691 – 0.86707 – 0.86692 – 0.86524 – 0.86495 – 0.86492 —
0.86660 – 0.86708 —
46.673949714224 – 60.11567012974 —
– —
0.86691 – 1769734800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Collapsing Doji Star – – – – – – – – –