EUR/GBP Technical Outlook – Breakout Potential Toward Multi-YearEUR/GBPOANDA:EURGBPTradeMarketWatchThe Euro vs British Pound (EUR/GBP) is showing renewed strength, currently trading near 0.8730, with buyers pressing against a critical long-term resistance zone. Price has been consolidating in a broad range for years, but the recent rally suggests momentum may be shifting in favor of the euro. Key technical levels to monitor: 0.8479 – major support zone, previously defended by buyers 0.8730 – current breakout area 0.8900 – dynamic resistance (descending trendline from 2020 highs) 0.9184 – next upside target if breakout confirms The technical roadmap points to a possible breakout above the descending trendline, which would open the way toward 0.9180+, a level that aligns with prior liquidity grabs and institutional supply zones. A rejection at trendline resistance, however, could trigger a corrective pullback back toward 0.85–0.84. 📌 Summary: Bias: Bullish while above 0.8479 Targets: 0.8900 → 0.9180 Risk: Failure at trendline could drag price back into range This setup highlights a long-term structural shift in EUR/GBP, making it a key cross to watch for both institutional investors and retail traders seeking directional opportunities.