Following Pound weakness yesterday, EURGBP broke through the top of the range. Please see technical overview below for your consideration.

EURGBP Daily

Price currently at MR1 with support highlighted in green below

EURGBP H4

Take note of the 21 and 55. I have highlighted the fib zone of yesterday's move. Pay attention to price action at the 5 EMA.

ERUGBP H1

Take note of the 21 and 55. Support highlighted in green. I have also highlighted the fib zone of yesterday's move. Take note of price action at the 21.

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