EUR/GBP Technical Analysis: Bulls still alive and kicking going for the reversal above 0.8900 figure

• EUR/GBP bulls are trying to support the market in order to keep the main bull trend going.
• EUR/GBP is trying to form a double bottom with August 31 low and by finding support just above the 0.8900 figure. The next bull target is seen at 0.9000 figure.
• A bear breakout below 0.8900 would invalidate the bullish bias. 

EUR/GBP 4-hour chart

Spot rate:                0.8950
Relative change:     -0.47%     
High:                       0.9008
Low:                        0.8913

Main Trend:            Bullish

Resistance 1:         0.8965 supply/demand level
Resistance 1:         0.9000 figure
Resistance 2:         0.9030 September 3 
Resistance 3:         0.9048 current 2018 high
Resistance 4:         0.9056 August 13, 2017 low
Resistance 5:         0.9100 figure
Resistance 6:         0.9121 September 10, 2017 high
Resistance 7:         0.9171 September 8, 2017 open

Support 1:              0.8940 August 14 high
Support 2:              0.8900 July 9 high
Support 3:              0.8868, 13 July high
Support 4:              0.8840 supply level