EURGBP, counter trend long

EURGBP is shaping up its upside counter trend move. Price is likely to retrace the declines, with 0.8900 likely to be the end of the correction. For now, there is a 4-hour inverse head and shoulders pattern, with a min. target to 0.862, further upside could come above this level. Watch for a retest to the neckline support at 0.854 level.