EUR/GBP – 1H – SELL

The combination Euro/British Pound (EUR/GBP) goes from the bullish trendline down.

A descent down to the next support line at 0.86164 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 0.86447 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

0.86447 – 0.86497 – 0.86539 – 0.86317 – 0.86164 – 0.86196 —
0.86366 – 0.86504 —
38.088296938207 – 56.523609549878 —
– —
0.86447 – 1773763200

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