EURGBP - Technical Analysis: Wednesday, 15/04/2015 07:41 GMT

The pair completed forming a double top pattern by breaking 0.7220 level, and the full target of this pattern is located at 0.7060.

The exponential moving averages 50 and 100 push negatively on the price to support the expected decline, and stochastic attempts to head to the downside to reinforce the bearish trend expectations.