EUR/GBP Technical Analysis: Euro moves off daily lows post ECB ´s comment

• EUR/GBP had a 20-pip move up on the back of comments by ECB policymakers suggesting the European Central Bank is planning to open discussions for a potential end of Quantitative Easing.  
• EUR/GBP next target to the upside is last week’s high at the 0.8811 level although the 0.8792 current Tuesday’s high can also provide resistance.  

EUR/GBP 15-minute chart  

Spot rate:                0.8760
Relative change:   -0.31%      
High:                        0.8792
Low:                         0.8723

Trend:                      Neutral

Support 1:               0.8730 last week’s close
Support 2:               0.8700 multi-month low
Support 3:               0.8620 April 17 low

Resistance 1:         0.8758, 200-period simple moving averages (4-hour)
Resistance 2:         0.8811 last week’s high
Resistance 3:         0.8844 May 4 high