EUR/GBP – 1H – SELL

The pair Euro/British Pound (EUR/GBP) goes from the descending trendline down.

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

Caution: A possible trend reversal in the direction of the resistance line at 0.86418 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair could go down.

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

0.86418 – 0.86476 – 0.86403 – 0.86227 – 0.86327 – 0.86166 —
0.86368 – 0.86382 —
52.906404595212 – 57.342098070432 —
– —
0.86418 – 1777971600

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