Possible Breakout

FX:EURGBP   Euro / British Pound
27 0 2
Prices look to have broken out from short term bearish trend line and currently making new highs. If prices surge pass the .5 fib level then .618 fib could be first target area then if all goes to plan we could make a run at the .786 fib level. On the flip side if green channel is broken and price moves below .382 fib level then we could stay bearish in the short term.

Good Luck!!
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