EUR/GBP Technical Analysis: bullish momentum tests 200-SMA on H4

   •  Follow-through momentum would set the stage for a retest of descending trend-channel resistance. 
   •  Sustained strength beyond the 0.8800 handle might open room for additional near-term appreciation.
   •  Weakness back below 0.8730-25 horizontal support would negate prospects for any further up-move.

EUR/GBP 4-hourly chart

Spot Rate: 0.8765
Daily Low: 0.8730
Trend: Bullish

Resistance
R1:  0.8788 (R1 daily pivot-point)
R2:  0.8809 (Friday's swing high)
R3:  0.8851 (200-day SMA)

Support
S1: 0.8726 (Friday's swing high)
S2: 0.8704 (S1 daily pivot-point
S3: 0.8686 (descending trend-channel support)