EUR/GBP – 30M – SELL

The pair Euro/British Pound (EUR/GBP) goes from the ascending trendline downwards

A bearish movement downwards to the next support at 0.86251 will persist.

Caution: A possible trend reversal in the direction of resistance at 0.86437 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 0.86311 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 0.86437 is within the realm of possibility.
Consider stop-loss settings accordingly.

0.8636 – 0.86354 – 0.86437 – 0.86251 – 0.8625 – 0.86185 —
0.86273 – 0.86380 —
41.296660818856 – 68.029562465025 —
– —
0.8636 – 1781281800

Trading Signals: FOREX – EUR – EUR/GBP – GBP – – – – – – – – – –