EURGBP H4 | Bullish breakout

TitleEURGBP H4 | Bullish breakoutTypeBullish BreakoutPreference:EURGBP is rising towards the pivot point at 0.862, the pullback resistance. It might break out of pivot point and continue to rise to the 1st resistance at 0.86472, the overlap resistance aligning with the 50% Fibonacci retracement level.Alternative scenario:The price might reverse and fall to the 1st support at 0.85831, the swing low suppport.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.