EUR/GBP – 1H – SELL

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Bearish Engulfing’ candle chart pattern is detected. The candles show ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

0.86748 – 0.86707 – 0.86692 – 0.86409 – 0.86492 – 0.86485 —
0.86593 – 0.86708 —
39.056821445475 – 52.425503038839 —
0.86409 – 1769990400 —
0.86748 – 1769774400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Bearish Engulfing – Head and Shoulder chart pattern – – – – – – – –