In analyzing Eurusd I believe that it will continue to fall. When looking at gbpusd, there is an inverse head and shoulders formation that will cause GBPUSD to fly higher if the neckline is broken. Those two analysis combined with the break of the upwards trend line on both the weekly and the daily indicates that EURGBP is headed for lows.
Coupled with my inverse head and shoulder for GBPUSD, pound strength is set to push this pair higher after today's break of the long term trend line. This pattern is also setting up for a textbook bull flag.
