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The Bearish Rectangle has formed on the EURGBP H1 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8551–0.8551 and the upper boundary at 0.8565–0.8565. A breakout below the lower boundary is likely to signal a continuation of the downtrend. FX.co ★ EURGBP H1: Bearish Rectangle
Signal strength 4 of 5
EURGBP H1: Bearish Rectangle
The Bearish Rectangle has formed on the EURGBP H1 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8551–0.8551 and the upper boundary at 0.8565–0.8565. A breakout below the lower boundary is likely to signal a continuation of the downtrend. *The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade