FX.co ★ EURGBP M5: Inverse Head and Shoulders

The Inverse Head and Shoulders pattern has formed on the EURGBP M5 chart. The head low is at 0.8360, while the neckline passes through 0.8368/0.8366. The Inverse Head and Shoulders signals a potential reversal of the downtrend. A break above the higher neckline anchor may confirm the bullish reversal.