{video}EURGBP is edging higher today, battling with the 0.8635 level again. The aggressive sell-off from the February 2023 highs has probably halted as this pair has been hovering inside the 0.8504-0.8700 range for the past three months. The recent price action is giving rise to a plethora of patterns with the most prominent being a head-and-shoulders structure with the neckline currently residing at the 0.8580 area. The momentum indicators appear equally range-bound at this juncture. The Average Directional Movement Index (ADX) is hovering below its 25-threshold, signaling a range-trading market, and the stochastic ... (full story)