But GBP is, at the same time, at the lowest levels since more than 30 years to the US Dollar . Both currencies may start a run but the Cable will have an advantage of a lower base. I believe EUR will reach a level of 0.91 and then start a healthy correction to 0.80.
On another side, if EUR achieves to close a month over 0.92, the next target is clearly a Parity with the GBP for the first time in history.
For now, my strategy is shorting EURGBP from 0.91. Notice an eventual , ending right at the top of the .