EUR/GBP – 30M – SELL

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 0.88074356 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 0.88396 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

0.88396 – 0.88391 – 0.88233 – 0.88071 – 0.88069 – 0.87975 —
0.88197 – 0.88173 —
32.651561532792 – 43.710580651546 —
– —
0.88396 – 1763600400

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