Just my humble thought,
GBP is selling off currently. This will cause EURGBP to consolidate (or even move higher) short term. Only a massive selloff of EUR during the coming and tomorrow NY market trading will cause this pair to go back down to 0.7020.
A target like that on your chart will take some time to hit. You have to be (extrememly) patient. Getting stopped out at breakeven or your usual SL is more likely than hitting your target as this pair is known to consolidate because of the EUR GBP correlation.
Hi anish, as PriceAction mention, it need patience to hit 0.7020. Primary target is the high of double top but it doesnt mean that you need to close your whole position there, you can always close partialy to secure some profit. I am usualy closing a part when 1:1 RR is achieved, second thing I am doing is moving stops, here for example is now my stop 20 pips above neckline(0.7250). It will be good to see how support become resistance