EURGBP Day | Bullish breakout


Title
EURGBP Day | Bullish breakout

Type
Bullish Breakout

Preference:
The price could break above the pivot at 0.8551, the overlap resistance. Then it could climb higher, reaching the 1st resistance at 0.8612, the overlap resistance that aligns with the 50% Fibonacci retracement.

Alternative scenario:
Price might fall to the 1st support at 0.85035, the multi-swing low support.

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Past performance is not indicative of future results.

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