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Euro / British Pound
Updated

EURGBP 4H

64
We've broken above a heavy reacted support/resistance line. However, we have a couple of recent false breakouts. So, I'd wait for a retest and confirmation candle on a 4H timeframe before going into a buy.
Note
This feels like the last two failed breakouts.

snapshot
MTForexBook
EURGBPForexSupport and ResistanceTrend Lines

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EURGBPForexSupport and ResistanceTrend Lines
MTForexBook

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.