Will the rally on the EUR/GBP expire?

The EUR/GBP has kept a good bullish trend, but once it got above the 0.8700 level, the rally seems to have lost some steam. At the area between the 0.8700 level and the 0.8800, the price may consolidate there, but if it breaks above the 0.8800 level, then the pair has the road clear all the way to the 0.9000 level. To the downside, below the 0.8700 level, the 0.8600 may act as support, along with the 55 day EMA, purple line, which is around the 0.8568 level. Even lower, we can see that the 200 day EMA, blue line, around the 0.8435 level may also act as support. Finally, the most important support on the daily chart is the round number level of the 0.8300.