FX:EURGBP Euro Fx/British Pound
It is possible that we might see further upside in this pair but first I'd like to see what happens when price reaches my Area of interest. If price action looks there, then long pos might not be a bad idea but keep in mind that higher TF trend is clearly down.
Picking targets is always very complicated. This particular target was chosen from the weekly chart (support, then resistance, then support again and then broken) + it lines up with the 38.2 fib level if you draw the fibs from the latest high (~~0.8812) to the recent lows (~~0.7765).