EUR/GBPCurrently we are 0.8441 after a breakout of the channel. It appears the correction is starting. We are looking for a continuation to the 0.214 Fibo @ 0.8241 with a further target to the 0.500 Fibo area @ 0.8000 in the upcoming days. The average daily true range (ATR) for the pair currently is 158 pips.
EUR/GBP 6-Hour Chart