EURGBP 28 Jun 2023 on H4 Timeframe, after successfully breaking out of the cloud on the ichimoku indicator two days ago, the pair is still in a bullish trend. Although the movement is volatile, seeing the tenkan-sen above the kijun-sen indicates that the bullish trend is still ongoing. Therefore, go-long can be an option for traders. But if there is a trend reversal after the pair touches R1, then go-short is an option. Keep paying attention to market movements and understand other indications before determining a position.
