Home Polls & Quizzes EUROGBP: Will it Make a Breakout towards the North or South?

EUROGBP: Will it Make a Breakout towards the North or South?

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EUROGBP has made a strong bullish move. After making the highest high, the price seems to have started having a consolidation. The level of 0.91885 is the level of resistance, and the level of 0.91410 may be the level of support. The daily trend is very bullish, as well. However, there is a monthly resistance level which might hold things back.

The question is which way the price makes its next breakout,

Scenario 1: Price makes a breakout towards the North (Resistance breakout)

Scenario 2: Price makes a breakout towards the South (Support breakout)

EUROGBP: Will it Make a Breakout towards the North or South?

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