EUR/GBP – 1H – SELL

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

A continuation of the bearish trend down to the next support at 0.86267 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 0.86545 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

There is also a ‘Two Crows’ candlestick pattern is found. The chart forms ‘Two Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.86545 – 0.86559 – 0.86495 – 0.86267 – 0.86435 – 0.8631 —
0.86438 – 0.86501 —
46.806298823463 – 62.94367719637 —
– —
0.86545 – 1780657200

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