EUR/GBP – 1H – SELL

The combination Euro/British Pound (EUR/GBP) jumps from the ascending trendline down.

A descent downwards to the next support at 0.87895 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance level at 0.88233 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The pair is likely to go up.

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

0.88233 – 0.8865 – 0.88379 – 0.87895 – 0.88119 – 0.87925 —
0.88089 – 0.88154 —
42.397032102536 – 55.362771479114 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom retreat down – – – –