EUR/GBP Technical Analysis: Bulls blast through 0.9000 figure and now look at 2018 high

• EUR/GBP main bull trend is almost reaching 0.9032 current 2018 high.
• EUR/GBP is evolving in the bull channel with upward sloping simple moving averages suggesting bullish bias. The market spiked above 0.9000 resistance and is now consolidating. The next targets are located at 0.9032 and 0.9056 August 13, 2017 low.
• A bear breakout below 0.8965 would invalidate the bullish bias.  

EUR/GBP 15-minute chart

Spot rate:                0.9018

Relative change:     0.42%      
High:                       0.9025
Low:                        0.8969

Main Trend:            Bullish

Resistance 1:         0.9032 current 2018 high
Resistance 2:         0.9056 August 13, 2017 low
Resistance 3:         0.9121 September 10, 2017 high

Support 1:              0.9000 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