Euro / Livre Sterling
Short

After formed head and shoulder pattern, EURGBP can start fall

635
Hello my friends, today I want to talk to you about EURGBP.

I made a few conclusions about British Pound.

Price made upward movement and then formed head and shoulders pattern.

I expect that price can break current support level and reach my first target which is located at $0.8660 level.

Also, I think British Pound can continue to decline.

For this reason I set up the second target at $0.8580 level.

I expect such a scenario.

This is an article not financial advice, always do your own research.

If you still have questions, you can write it in the comments below and I will answer them.

And please don't forget to support this idea with your like and comment, thanks.

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