• The euro rebounded from a 1-week low against the British pound after the United Kingdom exited the European Union on Friday.
   
• Britain faces negotiations on reaching a new trade and future relationship deal with the bloc by the end of 2020.
   
• EUR/GBP is trading 0.4 percent up at 0.8438, having hit a low 0.8387 on Friday, its lowest since January 24. 
   
• Technical indicators are biased higher on hourly charts: RSI strong at 66.20, Stochs are at overbought levels and MACD supports upside. 
   
• Immediate resistance is located at 0.8454, a break above could take it near 0.8469 (20-EMA). 
   
• On the downside, support is seen at 0.8390, a break below could drag it till 0.8357.