EURGBP Double top with double H&S
I marked with eclipse last lowest low with company of pin bar candle. These cable stick formations tend to be broken and lowest low should appear on chart sooner or later. It is quite good situation right now where pair has created double top with combination of head and shoulders formation on 1h chart. This par is trading in channel but in my opinion it is more in bearish mode then bullish.
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.