EUR/GBP – 30M – SELL

There is also a ‘Double top retreat up’ chart layout is found. The chart picture shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to rise.

The combination Euro/British Pound (EUR/GBP) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 0.85098 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.85312 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

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

0.85312 – 0.85191 – 0.85164 – 0.85098 – 0.84951 – 0.84927

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