EUR/GBP has taken out big rising trend line resistance

Weekly chart – The trend line resistance rests somewhere around 0.8860. The cross currently trades around 0.8873 levels. Since late May, numerous attempts to break higher convincingly have failed… especially the last week’s candle, which turned really ugly following a failure to hold above trend trend line

EURGBP W1 (07-18-2017 1705).png

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