EUR/GBP may rise to 0.8644 - 0.8690 1hr/4hr/1day

Weekly chart is also bullish.

Pivot

0.8515

Our preference

Long positions above 0.8515 with targets at 0.8644 & 0.8690 in extension.

Alternative scenario

Below 0.8515 look for further downside with 0.8460 & 0.8410 as targets.

Comment

The RSI calls for a new upleg.

Supports and resistances

0.8725

0.8690

0.8644

0.8605 Last

0.8515

0.8460

0.8410

Number of asterisks represents the strength of support and resistance levels.