EUR/GBP Technical Analysis: EUR/GBP reaches 0.9000 target – Bulls now eyeing 2018 high

• EUR/GBP is extending the move up for the sixth consecutive day within the main bullish trend.  
• Mission accomplished for EUR/GBP bulls who took profits at 0.9000 figure. The market is now consolidating below the level as EUR/GBP keeps trading within the bull channel. Bulls are now looking to re-launch an attack to 0.9000 and target 0.9032, the current 2018 high.
• A sustained bear breakout below 0.8965 would invalidate the bullish bias.  

EUR/GBP 15-minute chart

Spot rate:                0.8982

Relative change:     0.11%      
High:                       0.9004
Low:                        0.8970

Main Trend:            Bullish

Resistance 1:         0.9000 figure
Resistance 2:         0.9032 current 2018 high
Resistance 3:         0.9100 figure

Support 1:              0.8965 supply/demand level
Support 2:              0.8940 August 14 high
Support 3:              0.8900 July 9 high
Support 4:              0.8868, 13 July high
Support 5:              0.8840 supply level