Update: Target for 1.2830 is reached. It should hold 78.6% Fibonacci retracement and rally up to 1.3800 level unless it will close below (x) point.
Market might form small gartley pattern in much greater gartley. Watch for AB=CD patterns.
Market may be forming bullish harmonic gartley pattern on weekly timeframe (long term). Price action is at 100% AB=CD pattern level and it may rally up from psychological 0.80 area. However Weekly and Daily MACD are bearish and EUR/GBP pair may go lower to form 127% ABCD pattern. Watch for 61.8% and 78.6% Fibonacci retracement levels if price would go lower.
The EUR/GBP might go up due to the forming bullish butterfly pattern. Watch for the area between Fibonacci retracement 127% and 168% (blue shaded area) and wait for MACD turns bullish. The price action might go lower to butterfly pattern D point 0.8043 before ralling up.
EUR/USD reached D point at 61.8% Fibonacci expansion for AB=CD on small gartley. MACD turned bullish and my bais changed to bullish side now. Target for great gartley pattern D point is around 100% Fibonacci expansion 1.3860 and 78.6% Fibonacci retracement 1.3900. This will change if price action breaks rising TL of the triangle (green TLs). Watch for triagle upper TL.