EUR/GBP – 30M – SELL

The combination Euro/British Pound (EUR/GBP) moves from the bearish trendline down.

A continuation of the downward movement down to the next support at will persist.

Caution: A possible trend reversal in the direction of resistance at 0.88233 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

0.88233 – 0.88177 – 0.88283 – 0.88044 – 0.88054 – 0.87895 —
0.88085 – 0.88093 —
45.063424323329 – 47.553405530321 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Northern Doji – Double top chart pattern – – – –