is sustaining in its positive territory indicating the in the pair.
is sustaining in its buying zone indicating the upcoming in the pair.
EUR/GBP is looking on charts for next few trading session. One can go for buy on lower level strategy for this pair for intra-day to mid-term positions in it.
When zooming in to daily, we see another move down at 61,8% retracement of the initial bounce off the 0.775 level. That move down did fail to create a new low which adds to directional uncertainty. I think there were two scenarios possible on the Daily. Either we were going up to create a double top at 0.775, or we were in a descending triangle with 0.752 as horizontal base. The 4-hourly chart you post here suggests the descending triangle is no longer valid and we'll be going up to retest 0.775.