EUR/GBP Breakout Alert – 4H Chart Analysis

🔍 Pattern: Falling Wedge
⏱️ Timeframe: 4-Hour
📈 Potential Move: +4.9% upside (~413 pips)

After a long consolidation phase within a falling wedge, EUR/GBP is showing signs of a potential breakout to the upside. Historically, this pattern tends to resolve with a bullish breakout.

💡 Trade Setup (Bullish Bias):

Entry: ~0.8424

Stop Loss: Below 0.8295

Take Profits:

TP1: 0.84791

TP2: 0.85299

TP3: 0.85779

TP4: 0.86502

Final TP: 0.87360

📊 Volume is beginning to build up, supporting the potential breakout scenario. If the wedge breaks upwards, we might see a similar move to the last bullish breakout (~4.9%).

🧠 Risk Management is Key!
Always trade with a solid plan and defined risk parameters.

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