EUR/GBP Is Moving to the Upside

After EUR/GBP formed that impressive shooting star candlestick on the daily time-frame it continued falling, and as I expected it reached the support at 0.8450. That move to the downside was rather short-lived though, because the pair bounced off the aforementioned support at 0.8450, formed a hammer candlestick and a spinning top candlestick above that level on the daily time-frame again and started moving to the upside, breaking above the resistance at 0.8545, which coincides with the (MA)89 indicator on the same time-frame. Currently EUR/GBP is testing the resistance at 0.8580 and if it breaks out above that level it will likely continue moving to the upside towards the previous high at 0.8662.