On the 4-hour chart, EURGBP formed a head-and-shoulders top pattern and then fell back in a shock. Short-term bears have the upper hand. Currently, you can pay attention to the neckline near 0.8520. If the rebound is blocked, you can consider shorting. The support below is around 0.8380.
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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.