• EUR/GBP rises to 0.8447 as German defence deal hope continues to buoy euro

• 0.8447 is highest level since since Jan 24 (0.8462 was high that day)

• Cross was sub-0.83 before German fiscal bonanza news last week (March 4)

• Bundestag and Bundesrat due to vote on change to borrowing rules next week

• 0.8417 (Friday/Monday high) and 0.8400 are now EUR/GBP support points

• Key resistance levels: 0.8474 (GBP/EUR 1.18) and 0.85 (0.8473 = 2025 top)

EURGBP

(Robert Howard is a Reuters market analyst. The views expressed are his own)