EUR/GBP – 30M – SELL

The currency pair Euro/British Pound (EUR/GBP) moves from the bullish trendline down.

A bearish descent down to the next support at 0.86248 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 0.86497 could occur.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

0.86497 – 0.86376 – 0.86539 – 0.86248 – 0.86164 – 0.86196 —
0.86480 – 0.86399 —
67.566438637436 – 52.178741839864 —
– —
0.86497 – 1773666000

Trading Signals: FOREX – EUR – EUR/GBP – GBP – Three Black Crows – – – – – – – – –