EUR/GBP has collapsed unexpectedly despite the technical structure suggests further shortterm bullish momentum. The pair is monitoring hourly support at 0.8791 (07/11/2017 low). Resistance is located at 0.8943 (27/11/2017 high).
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)