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EUR/GBP Poised For Possible Breakout Ahead Of BoE

Discussion in 'Technical Analysis' started by Kaitlin, Feb 4, 2016.

  1. Kaitlin

    Kaitlin Forum Member

    Aug 29, 2015
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    As of Wednesday, EUR/GBP has been consolidating in a clear triangle/pennant technical pattern for the past two weeks after hitting a one-year high slightly above 0.7750 resistance in January. That high was the most recent culmination of a sharp bullish trend that has been in place for the past two[​IMG]

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