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Actual patterns
Triple Top
The Triple Top pattern has formed on the chart of the EURGBP H1 trading instrument. It is a reversal pattern with resistance at 0.8551/0.8550, support at 0.8541/0.8543, and a width of 10 points. A break below the confirmation support at 0.8541 may signal further downward movement.
Bullish Flag
The Bullish Flag pattern has formed on the EURGBP M30 chart. Its lower boundary passes through 0.8570/0.8566, while its upper boundary passes through 0.8572/0.8568. The projected flagpole height is 9 points. The formation indicates that the uptrend is likely to continue. A break above 0.8572 would confirm further upward movement.
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Bullish Pennant
The Bullish Pennant pattern has formed on the EURGBP M30 chart. This is a continuation pattern. If the price closes above the pennant high at 0.8572, the uptrend is likely to continue.
Head and Shoulders
The Head and Shoulders pattern has formed on the EURGBP M15 chart. The head high is at 0.8567, while the neckline passes through 0.8557/0.8558. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.
Double Top
The Double Top pattern has formed on the EURGBP H1 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8574 is likely to confirm further downward movement.