EURGBP has formed a triple top pattern prior to the GBP consumer confidence data, which shows the confidence of consumers in the economy and helps forecast consumer spending. Technically the pair has formed a triple top pattern at resistance, and we anticipate downside.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.