The EURGBP broke out of the triangle and beyond the 0.8820 price level to trade significantly higher as the price was driven by a weakening of the GBPUSD.
Currently, the EURGBP consolidates just under the immediate resistance level of 0.8860, with a confirmation of further upside potential if the price breaks above the resistance level.
Beyond 0.8860, the next key resistance level is at 0.8925, with interim resistance at 0.8890.
Currently, the EURGBP consolidates just under the immediate resistance level of 0.8860, with a confirmation of further upside potential if the price breaks above the resistance level.
Beyond 0.8860, the next key resistance level is at 0.8925, with interim resistance at 0.8890.
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