EUR/GBP rises to 0.9018, up 0.09% intraday, during the pre-European trading on Tuesday. The pair rises for the second day while taking clues from the previous day’s bullish inverted hammer candlestick. Should the EUR/GBP bulls manage to conquer 0.9035, the 0.9100 threshold can entertain them ahead of pushing towards the multiple resistances above 0.9148, comprising the October 20 high.

On the downside, sellers can target the 0.9000 psychological magnet during the fresh downside but Friday’s low near 0.8980/85 could restrict the pair’s further weakness. If at all the EUR/GBP bears dominate past-0.8980, there are multiple supports around 0.8960/50 before drawing the market’s attention towards September’s low of 0.8866.