The EUR/GBP Bullish Trend Appears Exhausted

EUR/GBP has been moving to the upside for well over a week now, but in the last few days it started to become clear that the bullish trend is becoming exhausted, as the pair formed three obvious shooting star candlesticks on the daily time-frame and today it is in the process of forming another one. Obviously that candlestick has not closed yet, but if it does form yet another shooting star candlestick that will be a further confirmation of a signal for an impending move to the downside in the near future. If such a move does begin then the pair will likely start falling towards the closest support level at 0.8560, which is the (MA)89 indicator on the daily time-frame.