justatrader

EURGBP Looking bullish

FX:EURGBP   Euro / 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.
H4 CHART suggests decline
Reply
H4 Charts has a nice bearish candlestick pattern.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out