EUR/GBP-1 Hour overview

Hello everybody!

-On a 1-hour chart, we can see that the price formed head and shoulders pattern,...

-Head and shoulders pattern is a reversal pattern so we may expect that the price is going to start moving in a bearish direction!

-On a 4 hour base, GBP is stronger than EUR and on the 1-hour base, GBP is still stronger than EUR.

-If GBP remains stronger than EUR then we can expect that the price is going to fall.

-WHAT DO YOU THINK ABOUT THIS SETUP?
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-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts. The information given is not a Financial
advice.