Buy On Dip

We missed the ending diagonal breakout of EURGBP to its natural target @ 0.80329; when the ship has left the port you let it sail. But it seems we will catch the next bus @ squeeze level. We are buying deep on the squeeze level 0.80029 for a target of 0.81400. The risk to this call is sell-off through 0.79595. We actually saw the Head & Shoulder on daily chart but it is more likey to fail around 0.7987 given the price action in the last 5-days & the bearish divergence. Bearish divergence more often only show up in a bull trend.