Either a rebound or a breakout imminent on EURGBP

Past performance is not an indicator of future results.
EURGBP is heading towards the resistance line of a Inverse Head and Shoulders. If this movement continues, we expect the price of EURGBP to test 0.9161 within the next 3 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.