Cross-rate signals: EUR/GBP is near significant resistance
After the pair EUR/GBP failed to gain a foothold above the level of 0.8870, there remains a high probability of resuming the decline of the pair with further price return to the lateral triangle.
Significant support, limiting the development of the downward trend, remains at 0.8830-40, breaking through which will open the way to the levels: 0.8770 and 0.8730-50. Resistance is located at the levels: 0.8870 and 0.8900.
Fig. EUR/GBP. The current price is 0.8860.
Hanzenko Anton