Nice long play here. Overall EURGBP is bullish on the daily and has the one of the most strongest relative strength. We waited patiently for the US session to provide the momentum and now the price action is indicating a nice bounce and bullish activity. Look for more up side potential.
We have a nice short play near the 618 level. Note that price may consolidate at this level and we may form a double top to take all the stop levels. Regardless overall trend is down and more downward movement should remain.