EUR / GBP is currently moving above the upper end of the bearish channel, represented by the trend lines connecting the highs of September 11 and October 20 and the lows of September 28 and November 11.
The pair needs to achieve a convincing close above 0.8987 on Wednesday to confirm the bullish breakout. That would open the doors for 0.9069 (Nov 5 high) and 0.91.
At the time of writing, the cross remains positive on the day around the 0.9020 region.
On the downside, the Dec 1 low of 0.8929 is the level to beat for the bears.
EUR / GBP daily chart
EUR / GBP technical levels
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