bdubya44
Short

EUR/GBP Possible Head & Shoulder

FX:EURGBP   Euro / British Pound
47 1 2
EUR/GBP             is currently playing out a bull flag that should take it up to the .86 area which could form the right side of a larger Head & Shoulder pattern. Tomorrow's BOE Rate Decision/Monetary Policy Summary may be the catalyst to either set the Head & Shoulder pattern into motion, or invalidate it.




My analysis is for informational purposes only and should not be construed as advice to buy/sell any instrument. Always perform your own due-diligence and never enter into a trade based solely on someone else's opinion/analysis without doing your own.
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