FX.co ★ EURGBP H1: Double Bottom

The Double Bottom pattern has been formed on EURGBP H1; the upper boundary is 0.8841; the lower boundary is 0.8753. The width of the pattern is 89 points. In case of a break of the upper boundary 0.8841, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.