justatrader

EURGBP Looking bullish

FX:EURGBP   Euro Fx/British Pound
H4 charts show the inverted head and shoulders pattern reaching its target. In the process, EURGBP             also seems to have made a nice cup formation... Perhaps the declines that might occur could form the handle, potentially giving a bullish outlook to the Euro             , in relation to the Pound.

0.78797 will be key to determining the outcome. A break of this support could see the Euro             bears back in action.

On the sidelines for now.
Professional market analyst with a keen interest on futures. Love keeping an eye on the markets. Currencies, bonds, commodities. Combining technical analysis and the fundamentals. Contact me for more details.

Related Ideas

thanks
Reply
justatrader PRO
2 years ago
H4 Charts has a nice bearish candlestick pattern.
snapshot
+1 Reply
H4 CHART suggests decline
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out