Sell EUR/GBP – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at 0.86228 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 0.8636 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘StochOSC Hidden Bearish Divergence’ indicator layout is found. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 0.86748
2nd High 0.86734
Next High 0.8636
Current Price 0.86299
Next Low 0.86228
2nd Low 0.86147
3rd Low 0.86111

0.8636 – 0.86325 – 0.86734 – 0.86228 – 0.86236 – 0.86409 —
0.86260 – 0.86353 —
39.435702099631 – 57.746799239253 —
– —
0.8636 – 1770125400

Trading Signals:

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