We've seen that price is in a healthy uptrending market on the monthly timeframe. However, going over to the lower timeframes we can see a short-term selling opportunity on the cards. This short-term sell-off will be vital for the continuation to the upside. We want that sell-off to come into our support zone so we can get that bullish momentum again and also seeing how strong the GBP is at the moment, it well supports this move to the downside as to means a weaker EUR.