Sell EUR/GBP – 30M – SELL

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

A continuation of the bearish trend downwards to the next support line at is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 0.88283 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 0.8865
Next High 0.88283
Current Price 0.88087
Next Low
2nd Low
3rd Low

0.88283 – 0.8865 – 0.8843 – 0.87895 – 0.8792 – 0.88119 —
0.88160 – 0.88175 —
60.768450809255 – 50.566227315449 —
– —
0.88283 – 1763368200

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