EUR/GBP: Downside risks from head and shoulders – Societe Generale
Par FXStreet Insights Team
Mis à jour: 27 Apr 2026
ARTICLES POPULAIRES
Societe Generale’s Kenneth Broux and colleagues note that EUR/GBP has formed a lower high near 0.8740 and is struggling above its 200‑day moving average, with price action resembling a Head and Shoulders pattern.
Societe Generale’s Kenneth Broux and colleagues note that EUR/GBP has formed a lower high near 0.8740 and is struggling above its 200‑day moving average, with price action resembling a Head and Shoulders pattern. They highlight 0.8610 as key support, with potential downside projections to 0.8560/0.8535 and 0.8475, while a move above 0.8740 would negate the bearish setup.
Head and Shoulders points to weakness
"EUR/GBP carved out a lower high near 0.8740 earlier in April and has struggled to maintain above the 200‑DMA."
"Price action has shaped a pattern resembling a Head and Shoulders, which signals potential downside."
"The neckline around 0.8610 is a key support."
"A break below this could lead to a deeper pullback toward projections at 0.8560/0.8535, followed by 0.8475."
"Overcoming the recent pivot high at 0.8740 would be crucial to negate the formation."
(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)
Plus d’un million d’utilisateurs se tournent vers FXStreet pour des données de marché en temps réel, des outils de graphiques, des analyses d’experts et des actualités Forex. Leur calendrier économique complet et leurs webinaires éducatifs aident les traders à rester informés et à prendre des décisions éclairées. FXStreet s’appuie sur une équipe d’environ 60 professionnels répartis entre le siège de Barcelone et diverses régions du monde.
Lire la suite
