EURGBP continues to rise inside the sharp upward impulse wave 3 which today broke the key resistance level 0.91350 (which has been reversing the price from the end of September) intersecting with the 61.8% Fibonacci correction of the previous downward retracement 2 from September. Given the rising bearish sterling sentiment seen across the FX markets today on fears Brexit deal will not be reached till the end of this year – EURGBP is expected to extend the gains toward the multi-month resistance level 0.93000 (former monthly high from the start of September).