Massive Reversal Potential in EUR/GBP

Do you see what I see? Despite Draghi’s best efforts, the $EURGBP continues to hold support. Remember the importance of 0.7920. This week, buyers have supported euro at this level. The first resistance is the neckline at 0.7982 but 0.8000 is decision-making time.

Now my question to my chartist friends, what is the target on a daily chart inverse head and shoulders?

EURGBP DAILY CHART

 

Trade what you see.

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