The resistance line is placed at the aforementioned price because this is previous support that lasted from 18 April until 26 February until it broke and turned into a new resistance.Our recommendation is to sell because we are close to the resistance line, keep in mind that the eurgbp can also continue upward until the circle added to the picture above
Sell EURGBP:
Entry Price:0.8638
Stop Loss: 0.8685
Take Profit:0.8420
Sell EURGBP:
Entry Price:0.8638
Stop Loss: 0.8685
Take Profit:0.8420