Our algorithm has detected a strong bearish signal on EUR/GBP. The currency has developed an interresting head and shoulders figure over the last 6 months. The caracteristics of the pattern are excellent and give to the figure 94% of success with an expected gain of more than 7%.
Trade active:
Last chance to succeed with this trade... Bearish reversal is still possible but probability falls to 56% only... Break of the 0.86 resistance will definitively kill this trade
Trade active:
The pullback will end and the downtrend will continue, the are too many resistance to break for a bullish impulse