Sell EUR/GBP – 30M – SELL

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

A continuation of the downtrend down to the next support line at 0.86524 is likely expected.

Caution: A possible change in the direction of resistance at 0.86748 could happen.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candle chart pattern is found. The candles show ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 0.87323
2nd High 0.87156
Next High 0.86748
Current Price 0.86592
Next Low 0.86524
2nd Low 0.86495
3rd Low 0.86492

0.86748 – 0.86691 – 0.86707 – 0.86524 – 0.86495 – 0.86492 —
0.86652 – 0.86635 —
49.803359915668 – 46.835128202776 —
– —
0.86748 – 1769776200

Trading Signals:

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