EURGBP has come to the combination of strong technical references: 200-day ma, 21 and 50 mas. Whatever signal it provides soon (to the long or to the short), it might be a good trade location to participate cause the current area may be a starting point for the new swing as shown on the chart (2 basic scenarios). I know, it looks as a 50/50 analysis, but the idea is that the potential move may be significant.