FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Double Top reversal pattern has formed on the EURGBP D1 chart. Its upper boundary is at 0.8611, its lower boundary is at 0.8551, and its width is 60 points. A break below the lower boundary is likely to confirm further downward movement toward 0.8511.

The Double Top pattern has formed on the EURGBP D1 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 0.8551 is likely to confirm further downward movement.

The Bearish Rectangle has formed on the EURGBP M15 chart and indicates a likely continuation of the trend. Its resistance zone is at 0.8574–0.8574 and its support zone is at 0.8565–0.8565. A break below support at 0.8565 is likely to signal a continuation of the bearish trend.

The Bearish Rectangle has formed on the EURGBP M5 chart. This is a trend continuation pattern bounded by the lower boundary at 0.8565–0.8565 and the upper boundary at 0.8573–0.8573. A breakout below the lower boundary is likely to signal a continuation of the downtrend.

The Bullish Symmetrical Triangle pattern has formed on the EURGBP M5 chart. Its lower boundary passes through 0.8562/0.8574, while its upper boundary passes through 0.8585/0.8574. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURGBP is expected to break the upper boundary and move toward 0.8589.