It looks like it is nearing the top of an ascending wedge right at the potential right shoulder of a head and shoulders. Do your own analysis but this is one to watch
The EU completed a H&S on the daily chart and actually had a H&S inside the big H&S It broke through the neckline . The dollar index is bullish which will help the EU head south, The H&S target is at the 50% retracement of the big move up. At some previous support. I expect a retracement to the neck line before it heads down. Do your own research and never take...
The pair is in an expanding wedge and has just made a triple top at the orange line from a daily chart. This pair is likely to break through the wedge wall retest and head south.
EURGBP is in an ascending wedge approaching highs from 2009 When it finally breaks it has plenty of room to the downside, When it breaks out I would expect a slight retrace probably to the breaking point then good downward movement.
