EURGBP had been trading within a large horizontal range on a daily basis for over a month.
However, last week, the price successfully broke above its resistance level, indicating strength from the bulls.
The price is now testing the previously broken structure and is expected to continue rising.
Potential targets are at 0.8602 and 0.8619.
However, last week, the price successfully broke above its resistance level, indicating strength from the bulls.
The price is now testing the previously broken structure and is expected to continue rising.
Potential targets are at 0.8602 and 0.8619.
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