We expect the momentum to rise toward the resistance level 0.8133, which is the September high. Breaking this level would bring EUR/GBP to another rally, and the next resistance is the 0.8136, which is the monthly high. Above that lies the 0.8156, which is the June high. Below our current price, it's the support level 0.8086, which is October 12 high. Breaking this level would lead to another support 0.8040, which is the 61.8% retracement from 0.8113 to 0.7922.
S1: 0.8040 61.8% retracement from 0.8113 to 0.7922
S2: 0.8017 50% retracement from 0.8113 to 0.7922
S3: 0.7995 38.2% retracement from 0.8113 to 0.7922
R1: 0.8113 September high
R2: 0.8136 monthly high
R3: 0.8156 June high
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