EUR/GBP Price Analysis: Advances for the fifth day, secure 0.8700 as solid support

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• EUR/GBP maintains its upward momentum, trading at 0.8731, as it solidifies the 0.8700 level as a crucial support.
• The pair shows a bullish bias, but a failure to surpass the 0.8755 high could invite bearish activity.
• Key levels to watch include resistance at 0.8800 and 0.8834, with support at the 200-DMA of 0.8688 and the 50-DMA at 0.8657.

EUR/GBP climbed during Friday’s session, extending its rally to five consecutive days, gaining so far 0.89% in the week, cementing the 0.8700 psychological level as solid support for the next week. At the time of writing, the cross-pair trades at 0.8731, up a decent 0.13%.