W Bullish Reversal Pattern on EURGBP

١١ ديسمبر ٢٠١٤

The EURGBP has formed a double bottom of sorts, which is looking to be a W bullish reversal pattern. This structure implies that the pair's down-trend may have bottomed, and as such, a break of the A-E line is for us the confirmation of the new bull trend on EURGBP.