GA Weekly Analysis

The pair is completing the H&S formation as it is testing the neckline at 1.76. A daily rejection off 1.76 resistance would confirm the break and challenge the downside at 1.74 and 1.72. Technically speaking the trend is bearish with significant down move, however headline news about the Brexit and performance of UK economic performance might provide some cushion for the bears at the support if the break at 1.76 turn out to be a fakeout.