EURUSD I think will return to channel and continue in a bearish fashion, there is no news today and this has been it's pattern for weeks. Despite there being lots of charts and things with lines all over them saying otherwise....we shall see.
The up was caused by the news I think it will return back to channel, but close of Monday we could be sitting somewhere mid to base of channel...or ofcourse we could be forming a new channel. looking at EURGBP I have a feeling that by monday lunchtime everything will return to it's normal bearish channel.
On EURUSD yesterday we saw a big upward movement for the pair, but it hardly affected EURGBP returning to price at 0.8482 or there abouts.
Can I suggest that EURGBP has reached strong resistance at the channel and I would think bad EUR news could send it down again.