EUR/GBP Technical Analysis: Euro bulls break above 0.8800 figure targeting 0.8847 level

• EUR/GBP is being in reversal up mode after the drop in the last weeks of trading. 
• EUR/GBP bulls broke above the 0.8800 figure opening the gates to 0.8847 (September 20 low). 
• A break below 0.8752 (October 16 low) would likely invalidate the current bullish momentum.

EUR/GBP 4-hour chart

Spot rate:                0.8821
Relative change:     0.26%     
High:                       0.8824
Low:                        0.8775

Main Trend:            Neutral

Resistance 1:         0.8847 September 20 low 
Resistance 2:         0.8876 September 11 low
Resistance 3:         0.9000 figure

Support 1:              0.8800 figure
Support 2:              0.8752 October 16 low
Support 3:              0.8722 October low
Support 4:              0.8700 May low
Support 5:              0.8620 current 2018 low
Support 6:              0.8400 May 2017 low