Eurgpb may form a head and shoulder pattern, drop & break support trend-line, then predicting retest of now resistance trendline dropping to main objective taking out buy stops and touching previous high left of the first blue zone. Will use moving averages as TP% points and compounding entries.
Very Strong Support zones indicated by the yellow boxes. Previous structure low breaking double top zone indicating bears weak ; resistance now becomes support. Looking for it to bounce off channel trendline if break through red trend line