Currency Pair: EURGBP
Closing Price: 0.7145
Entry Order: BUY stop @ 0.7157
Stop loss: 0.7118
Take profit: 0.7287
Analysis: This pair formed a double-bottom price pattern in the July-Aug time-frame. Today prices pulled back from the overhead resistance neckline, forming an inside-day bar. Should prices push above today’s inside bar, and above the neckline, we could see (much) higher prices to come.