Inverse Head and Shoulder
was formed on 21.07 at 22:00:23 (UTC+0)
signal strength 3 of 5
According to the chart of M30, EURGBP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 0.9000 while the median line of the Neck is set at 0.9048/0.9044. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of EURGBP will go towards 0.9074.
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