EUR/GBP: 'Double Top' led to the current decline

EUR/GBP: 'Double Top' led to the current decline

Information is not investment advice

The last 'Double Top' pattern led to the current decline. Also, there's a 'V-Bottom', which hasn't been confirmed yet. Thus, it's likely that the market is going to test the nearest significant resistance at 0.8616 - 0.8653. If a pullback from these levels happens little later on, bears will probably try to reach another support at 0.8483 - 0.8449.

28-2-2019-EUR-GBP-H4.png

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