EUR/GBP has isurged. The pair has broken the resistance at 0.8899 (19/09/2017 low), the shortterm technical structure is biased to the downside. Hourly support is given at 0.8746 (27/09/2017).
In the long-term, the pair has largely recovered from recent lows in 2015. The technical structure suggests a growing upside momentum. The pair is trading above from its 200 DMA. Strong resistance can be found at 0.9500 (psychological level).