EURGBP – base of thick daily cloud caps recovery for now

The cross remains constructive and briefly extended recovery on Friday but gains faced strong headwind from base of thick daily cloud (0.8920) which so far capped the upleg from 0.8841 trough.
Cloud base is reinforced by daily Tenkan-sen (0.8927) and marks significant barrier which could encourage fresh shorts on reversal signal below the cloud base.
Bearish scenario requires acceleration below daily Kijun-sen (0.8877) to confirm reversal and expose 0.8841(21 Nov higher low) for retest.
This would also complete H&S pattern on daily chart and signal further weakness.
Alternatively, firm break of cloud base would generate bullish signal for recovery extension towards next pivotal barrier at 0.8954 (100SMA).

Res: 0.8920; 0.8954; 0.9013; 0.9026
Sup: 0.8920; 0.8877; 0.8841; 0.8811