Currency pair EUR GBP is still trading within the bullish pattern of 1:1, but here there is a possibility of formation of a large reversal pattern Forex Head and Shoulders. At the moment, we can expect growth of quotations attempt EUR GBP in the region at the level of 0.8640, where the pair should try to sell with a close stop.
EUR GBP Forecast Euro Pound on September 13, 2016
But do not rule out an attempt to correct the rising channel’s lower border, from which we can expect continuation of growth of the euro the pound prices.
EUR GBP Forecast Euro Pound on September 13, 2016 suggests an attempt to continue the growth in the area of 0.8640, where we can expect the formation of the right shoulder assurances forex head and shoulders pattern.
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