Euro / British PoundShort
EUR/GBP Possible Head & Shoulder
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.
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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