EUR/GBP is showing strong bullish momentum, with the euro gaining strength over the pound. The weakening GBP against EUR suggests the possibility of a range breakout on the upper channel, especially as the London session opens. The daily timeframe signals a classic breakout-pullback-continuation pattern, reinforcing the bullish outlook. If buyers sustain momentum, we could see an upward extension, confirming the breakout structure. Traders should watch key resistance levels for confirmation and potential entry opportunities.
Order cancelled
Trade got scratched at BE
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.