Euro Fx/Funt Brytyjski
Short

EurGbp power of three drives pattern

The purpose of this uptrend was "Three drives pattern", which was formed from 2009 to 2014. The first target of this movement - 0.9300 , second target - 0.9790. In August 2017 first target was achieved. Now eurgbp is on its way to the second target. A flag is currently being formed. The flag is a trend continuation figure. The basis for the formation of the flag is the same of "Three drives pattern". At the moment, the price is at point b. When forming a reversal pattern, you can sell eurgbp. I guess point 3 is located in the region 0,8420. From there, the upward movement to the last target will begin. Good luck!

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