The minor sideways consilidation, we have seen over the last week is now coming to an end and we should soon see EUR/GBP break above minor resistance at 0.9085 for the next push higher to 0.9183 and ultimately higher to 0.9485 as a minimum is in wave iii.
Support at 0.9000 should be able to protect the downside for the expected break above 0.9085.
R3: 0.9183
R2: 0.9134
R1: 0.9085
Pivot: 0.9017
S1: 0.9017
S2: 0.9002
S3: 0.8988
Trading recommendation:
We are long EUR from 0.8760 with our stop placed at 0.8910
