Will EURGBP resume trend?

Dear Dynamic Traders,

Good day to you. Hope you are having a good week.

The EURGBP has been in somewhat of a sideways motion finding a good amount of resistance at the value index. Over time price has been forced into a squeeze between the trendline support and the VI resistance and perhaps we may see a "pop" in one direction or the other in the near future. Given the trend has been down the tendency is to sway for a breakdown, however, as we all know anything can happen.














Good Trading!
Bijal Shah