EURGBP H4: Reversal momentum across the Head and Shoulders pattern

The EURGBP chart shows signs of weakening of the current upward movement.
A Head and Shoulders pattern has been formed. As part of the development of this reversal pattern, a downward trend is expected to develop.
At the same time, the price may test the neckline again after some time.
Short positions in respect to EURGBP look more warranted strategically. More conservative traders may consider entering upon a retest of this level. With a more aggressive strategy, a trader can enter at or around the current prices.
📌 Entry: 0.88121
✔️ First target: 0.87192
✔️ Second target: 0.86973
❌ Stop order: 0.88650