EUR/GBP – 1H – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Besides a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

0.87491 – 0.87512 – 0.87487 – 0.87246 – 0.87164 – 0.86856 —
0.87460 – 0.87419 —
60.273677794429 – 51.452758230878 —
– —
0.87491 – 1771808400

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Outside Down – Rising Wedge Chart Pattern – – – – – – – –