Will EUR/GBP Continue Rising?

After EUR/GBP broke above the resistance at 0.7510 its rally continued until the pair reached the resistance at 0.7755. It failed to break above that level and retraced back to 0.7520, which had now become a level of support. While in my opinion the bullish trend is not over yet, there are two possible scenarios here. The pair will either break below the support at 0.7520 and continue falling until it reaches the next support at 0.7400, or it break above the resistance at 0.7755 and continue climbing towards 0.7880.