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The Bullish Flag pattern has been formed on the chart EURGBP M5 which signals that the upward trend will continue. Signals: а break of the peak at 0.8764 may push the price higher, and the rise will be the projection of the pole.

The Bullish pennant graphic pattern has formed on the EURGBP M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks out high, is expected to continue the upward trend to level 0.8779.

On the chart of EURGBP M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.8725; the lower boundary 0.8715; the width of the pattern 10 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 0.8692 level.

According to the chart of M5, EURGBP formed the Head and Shoulders pattern. The Head’s top is set at 0.8636 while the median line of the Neck is found at 0.8624/0.8624. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURGBP will go towards 0.8609.

The Bullish pennant pattern is formed on the EURGBP M5 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 0.8638, a further uptrend is possible.