The combination Euro/British Pound (EUR/GBP) moves from the ascending trendline downwards
A descending movement down to the next support level at 0 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 0 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ” indicator signal is found. The indicator is ”. this is usually a bearish chart scenario. The currency pair is likely to fall.
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Moreover a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 0.87463 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
0.88012 – 0.87932 – 0.87723 – 0.87367 – 0.87474 – 0.87453 —
0.87418 – 0.87434 —
20.004741381796 – 25.601651512498 —
– —
0.88012 – 1764676800
Trading Signals: FOREX – EUR – EUR/GBP – GBP – – Rising Wedge Chart Pattern – – – – – – – –