Pound Still Under Pressure, Credit Suisse's Sneddon Says

The video discusses the current state of the sterling and dollar, highlighting the pressure on sterling and the setback in the dollar. It explores the use of Fibonacci levels in technical analysis to identify support levels and potential stopping points. The video also examines the head and shoulders pattern in the euro dollar, emphasizing the importance of chart patterns in market analysis.

What does the speaker suggest about the current trend of the euro dollar?

What is the speaker's perspective on the head and shoulders pattern in euro dollar?