Last time we looked at EUR/GBP, we noted that it was testing a key resistance around 0.8850. At the time, we saw some selling but noted bullish bias. This week, we can see that price has not moved too far from that resistance, as EUR/GBP has been consolidating beneath it. EUR/GBP Daily Chart(click to enlarge)- The daily chart shows that price is stuck under the 0.8850 resistance, but it has not retreated much, holding above 0.87.Triangle:- The 4H chart below shows the consolidation in more detail and we can see a triangle.- The 4H chart definitely shows bullish bias as price is trading above the 200- and 100-period simple moving averages (SMAs). - Also, the RSI has tagged above 70 and is holding above 40. - I think the bullish bias is strong unless price falls below 0.8760. - Otherwise I would anticipate continuation through the 0.8850 resistance, which would open up the 0.90 psychological level, as well as the high on the year around 0.92.EUR/GBP 4H Chart(click to enlarge)