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Euro / British Pound
Short

EUR/GBP Technical Analysis

By traderpulse

The upside movement of the pair is capped by a bearish trendline.
It attempted a breakout but fizzled out and the price action has formed an H&S pattern instead.
Hence, we expect the pair to be bearish in the near-term.
Chart PatternsEURGBPeurgbpanalysiseurgbpbearisheurgbpbullisheurgbpforecasteurgbplongeurgbpselleurgbpshorteurgbptrendTrend Analysis
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