I've been watching this pair continue to form a beautiful head and shoulders pattern on the daily chart. If this pattern continues and is confirmed, you could expect a maximum target of 0.7600. If this pattern is completed and confirmed, you could also expect to see the EUR/USD head to new lows and also see the GBP/USD move closer to pre-Brexit levels.
Trade active
Its developing nicely
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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.