EUR/GBP’s bullish pressures are string. The pair is heading towards resistance at 0.9046 (05/09/2017 high). Hourly support is given at a distance at 0.8733 (01/11/2017 low). Expected to show positive momentum.
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).