Title
EURGBP H4 | Bullish breakout

Type
Bullish Breakout

Preference:
EURGBP is rising to the pivot at 0.85452, the overlap resistance that coincides closely with the 61.8% Fibonacci retracement. Price could break this level and rise to 1st resistance at 0.85703, the overlap

Alternative scenario:

The price might reverse and fall to 1st support at 0.85171, the pullback support.

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