EUR/GBP – 1H – SELL

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

A descending movement down to the next support level at 0.86404 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 0.86507 should be noted.
Consider stop-loss settings accordingly.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

0.86507 – 0.86516 – 0.86442 – 0.86404 – 0.8629 – 0.86243 —
0.86479 – 0.86537 —
57.144447332352 – 66.441836758974 —
– —
0.86507 – 1781614800

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