EUR/GBP – 30M – SELL

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

A bearish descent downwards to the next support level at 0.87975 is likely expected.

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

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

0.88233 – 0.88177 – 0.88283 – 0.87975 – 0.88044 – 0.88054 —
0.88161 – 0.88184 —
61.23376843497 – 59.547803871315 —
– —
0.88233 – 1763478000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Double bottom chart pattern – – – –