EURGBP: Potential breakout of inverted H&S formation

EURGBP is in a large sideways formation and an upside breakout seems like the most probable outcome.

We will BUY an upside breakout of the neckline at 0.8435 on an 1H strong bar close above that levels, targeting 0.8465-70. Stops will be set below 0.8412.

Daily chart