EUR/GBP – 4H – SELL

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

The bearish trend down to the next support level at 0.86118 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 0.87206 could occur.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

0.87206 – 0.86748 – 0.87156 – 0.86118 – 0.86485 – 0.86576 —
0.87042 – 0.87259 —
65.144938013881 – 68.888760949228 —
– —
0.87206 – 1770307200

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