Sell EUR/GBP – 1H – SELL

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

A continuation of the downtrend down to the next support level at 0.86276 is certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.86504 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

And also a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Support & Resistance Price Range*
3rd High 0.86567
2nd High 0.86539
Next High 0.86504
Current Price 0.86350
Next Low 0.86276
2nd Low 0.86164
3rd Low 0.86118

0.86504 – 0.86447 – 0.86497 – 0.86276 – 0.86317 – 0.86164 —
0.86425 – 0.86429 —
54.386908627204 – 52.803759306146 —
– —
0.86504 – 1773853200

Trading Signals:

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