EURGBP is forming a sideways pattern at its lows and the technical picture favors one more leg up and a potential breakout. We open BUY orders at current levels (0.8400-05) adding more at 0.8380. We will set the stops below 0.8368 targeting 0.8430-35. If price breaks above 0.8430 on an hourly close we will buy again for 0.8470-80 target, setting the stops below the candle that will lead to the breakout.
Below you van see the daily chart where the bottom of the channel is being tested.