FX.co ★ EURGBP M15: Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the EURGBP M15 chart. The head low is at 0.8553, while the neckline passes through 0.8557/0.8559. The formation of the Inverse Head and Shoulders indicates a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.