EURGBP has broken through the resistance line which it has tested twice in the past. We have seen it retrace from this line before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target level of around 0.8451 may materialize within the next 22 hours.
After testing resistance twice in the past, EURGBP has finally broken through. Can we expect a bullish trend to follow?
