Last two months on EURGBP were very volatile. First price went from 0.8355 support to 0.8700 resistance, then there was a sell-out back to the support and another approach to the resistance. Currently there was a small bearish rebound from this important level.
There is dynamic bullish trend on the pair. It does not mean that the 0.8700 resistance will fail. Price did not break above it since August 2013. If it will happen, next resistance is 200 pips higher at 0.8900. In case of decreases price can fall to 0.8545 support and then to 0.8385.
