EURGBP M30: The graphic pattern signals a change in market sentiment

In the current timeframe, there is a decrease in the selling interest. This may lead to the reversal of EURGBP.
A classic Head and Shoulders pattern emerged on the chart. The neckline in green has been apparently pierced, confirming the completion of this reversal pattern. This is an important signal indicating a potential price increase. It is important to be vigilant for possible retesting of the Neckline, which often occurs as this pattern develops.
The chart prompts to focus on long positions in EURGBP. It advocates entering the market at the current levels or while reaching the level, at which the retest occurs.
📌 Entry: 0.87856
✔️ First target: 0.88134
✔️ Second target: 0.88206
❌ Stop order: 0.87652