EUR/GBP – 1H – SELL

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

A continuation of the downward movement downwards to the next support at 0.85456 is certain.

Caution: A possible trend reversal in the direction of resistance at 0.85738 could occur.
Consider stop-loss settings accordingly.

Also there is a ‘Two Crows’ chart pattern is found. The chart shows ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

0.85738 – 0.86175 – 0.86238 – 0.85456 – 0.86065 – 0.86056 —
0.85672 – 0.85669 —
47.266805328712 – 45.091839458716 —
– —
0.85738 – 1783004400

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