EUR/GBP – 4H – SELL

The combination Euro/British Pound (EUR/GBP) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support at 0.86841 will persist.

Caution: A possible change in the direction of the resistance zone at 0.87227 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

0.87227 – 0.87217 – 0.87402 – 0.86841 – 0.86855 – 0.86364 —
0.87122 – 0.87125 —
55.387311710349 – 56.416808462267 —
– —
0.87227 – 1776427200

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – – – – – –