EUR/GBP Technical Analysis: EUR/GBP currently supported above 0.8800

• EUR/GBP is hovering above the 0.8800 level for the second day in a row with weak bull momentum.  
• EUR/GBP broke the bull trendline to the downside, potentially opening the possibility of a bear reversal in the coming hours.  

EUR/GBP 15-minute chart

Spot rate:                0.8808

Relative change:      -0.05%      
High:                       0.8824
Low:                        0.8798

Trend:                     Neutral

Resistance 1:         0.8822-0.8840 area, 200-day SMA and supply level
Resistance 2:         0.8861 weekly 50-period SMA
Resistance 3:         0.8900 figure
 
Support 1:              0.8800 figure
Support 2:              0.8763 daily 50-period SMA      
Support 3:              0.8720, June low
Support 4:              0.8700 figure