The EURGBP price recovery remains intact following its rally the past week. Support stands at the 0.8850 level where a violation will turn focus to the 0.8800 level.
A break below here will aim at the 0.8750 level. On the upside, resistance resides at the 0.8950 level. A violation, if seen, will turn risk towards the 0.9000 level.
Further up, resistance comes in at 0.9050 level followed by the 0.9100 level. Its Weekly RSI is bullish and pointing higher suggesting further strength. All in all, EURGBP remains biased to the upside on further recovery.
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