EURGBP pair has experienced a bullish trend in the 4-hour timeframe following a breakout above a significant resistance level. The correction phase, completing 50% of the last impulse, suggests strong upward momentum. With the completion of the Elliott 4th wave, the price is now advancing towards the next resistance level, potentially marking the conclusion of the Elliott 5th wave. This indicates a potential continuation of the bullish trend in the near term.