EUR/GBP is currently consolidating and we should ideally see a second dip closer to strong support at 0.8866 before the next strong rally higher to 0.9066 and longer term a continuation to and above the former peak at 0.9499.
It's possible, that the second dip of the ongoing consolidation only manage to move as low at 0.8893 before taking off again towards the next upside target at 0.9066, but only time will show how impatient the bulls are.
R3: 0.9066
R2: 0.9029
R1: 0.8960
Pivot: 0.8946
S1: 0.8932
S2: 0.8893
S3: 0.8866
