Sell EUR/GBP – 30M – SELL

The pair Euro/British Pound (EUR/GBP) moves from the ascending trendline down.

A bearish trend down to the next support at 0.8636 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.86453 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Collapsing Doji Star’ candle chart pattern is found. The candles show ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

Support & Resistance Price Range*
3rd High 0.86487
2nd High 0.86486
Next High 0.86453
Current Price 0.86481
Next Low 0.8636
2nd Low 0.86334
3rd Low 0.86273

0.86453 – 0.86486 – 0.86487 – 0.8636 – 0.86334 – 0.86273 —
0.86513 – 0.86526 —
68.746880939755 – 64.620761908425 —
– —
0.86453 – 1778157000

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