EUR/GBP has same news of EUR/USD

Updated
Well, in the morning, we see an another par what can up the next hours. So, in H4 basically we are in the Shoulder Head Shoulder bearish, but in H4 we see that institutinals going to up the price over 70 pips if the news of ECB can be a strong impact in the Eurozone.

snapshot

This ia a scenario, so, if the institutionals make a drop a littel the price, it's can be a double bottom in H4 timefra,e but the more curious is in H1 timeframe, because I find up a chartist pattern bullish, this is here below in this technical analysis so I am concentraded here. And indicators in H1 are bullish and good health is EUR agains GBP is up.

So, guys, the only is we need to have confirmations specially of price action if EUR/USD it's want to up the price and we need to valid this shoulder head shoulder inverted, if it's inverted, so the target profit is $0.8957, so it's mean 70 pips, or included over of
+70 pips, and we can to see a retest on the resistance line and so, its a experiments in case if EUR/GBP is have a little force to continue and reach over +70 pips, so se can to pick up between 70-95 pips.

Trade active
snapshot

Beware and look up in this par, all institutionals make this movement to cut the short position.
Trade active
As I mentioned yesterday, EUR has a force than GBP
Beyond Technical AnalysisChart PatternsecbnewsEURGBPeuronewsForexheadshoulderheadsupportSupport and ResistanceTrend Analysis

Also on:

Related publications

Disclaimer