EUR/GBP – 4H – SELL

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

A continuation of the downward movement down to the next support at 0.86113 is certain.

Caution: A possible counter-trend in the direction of resistance at 0.86504 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

0.86504 – 0.86539 – 0.87889 – 0.86113 – 0.86164 – 0.86253 —
0.86759 – 0.86498 —
66.698994522171 – 50.946918275383 —
– —
0.86504 – 1773849600

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –