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EUR/GBP chart - Trading View
EUR/GBP was trading 0.35% higher on the day at 0.8999 at around 11:10 GMT.
The pair is trading in a 'Symmetric Triangle' patter and is testing support at 'Triangle Base'.
RSI converges with price action and break below Triangle base support will plummet prices.
The EU and the UK have agreed to extend Brexit talks and hopes of progress keep the pair supported.
As the coronavirus cases continue rising in Europe, the UK House of Commons is set to approve the nationwide lockdown that Prime Minister Boris Johnson announced over the weekend.
Strong support is seen at 200-DMA at 0.8910. Breach below will open downside. Retrace above daily cloud will negate any bearish bias.
