EUR/GBP – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The currency pair Euro/British Pound (EUR/GBP) jumps from the ascending trendline downwards

A descent downwards to the next support at 0.86181 is expected.

Caution: A possible trend reversal in the direction of resistance at 0.86395 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

0.86395 – 0.86371 – 0.86400 – 0.86181 – 0.86283 – 0.86054 — 50.681136666278 – 47.434816488894 — 41.861754802931 – 23.323430382254 – 51.249092229484 – 39.898329702251

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