This pair has some upside potential to 0.8045 which also happens to be a quarterly high that has a high probability of offering a good resistance, that is the bare minimum target. If price moved higher i would expect a maximum of 0.8080-85. The liquidity pool that is pending to be taken at 0.7992 offers a short term target. This means that if the Euro
continues to gain strength to the upside and at the same time the dollar is gaining strength, the GBPUSD
or Cable will be the better short compered to EURUSD
which is likely to be held in a consolidation.