FX:EURGBP Euro Fx/British Pound
Today the Euro strengthened against the Pound after forming a pattern, which has now been followed by a double-top at the 618 level, this level could also be considered as a . This indicates a continuation of the Euro trend to the downside. The ( ) has also created uniform action above and back below the 61.8 level, which is a significant reversal and indication of market sentiment. To also add to the analysis, a trend has been broken on the two previous lows.