The cross moves higher above the 0.8900 handle. The selling mood around the Sterling behind the up move. The 0.8800 area emerges as solid support so far. The bearish note around the British Pound is now pushing EUR/GBP to fresh multi-session tops beyond 0.8900 the figure. EUR/GBP supported around 0.8800 The European cross is advancing for yet another session on Wednesday and managing to reclaim the critical 0.8900 milestone as the Sterling has resumed the downside so far today. In the meantime, GBP stays vigilant on developments around Brexit ahead of the key vote in the House of Commons expected on December 11. The debate on May’s deal, however, is expected to start on December 4. In the data space, the BoE’s M4 Money Supply expanded 0.7% MoM in October, while Consumer Credit rose to £0.894 billion during the same period. In Euroland, the salient event will be the German flash inflation figures for the month November, due later. EUR/GBP key levels The cross is now up 0.53% at 0.8910 facing the next hurdle at 0.8933 (high Nov.19) seconded by 0.8941 (high Oct.30) and then 0.9001 (high Sep.24). On the downside, a breakdown of 0.8835 (200-day SMA) would aim for 0.8810 (LOW NOV.28) and finally 0.8807 (21-day SMA). FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next EUR/SEK Technical Analysis: The cross could slip back to 10.2000 in the near term FX Street 4 years The cross moves higher above the 0.8900 handle. The selling mood around the Sterling behind the up move. The 0.8800 area emerges as solid support so far. The bearish note around the British Pound is now pushing EUR/GBP to fresh multi-session tops beyond 0.8900 the figure. EUR/GBP supported around 0.8800 The European cross is advancing for yet another session on Wednesday and managing to reclaim the critical 0.8900 milestone as the Sterling has resumed the downside so far today. In the meantime, GBP stays vigilant on developments around Brexit ahead of the key vote in the House of Commons expected… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.