There was a Pullback to the 80 Dollar Price Zone. I expect that the Price will reject from that zone. The Trendline could also work as a rejection. Lets see how this one plays out with the news today.
FX:EURGBP Analysis: - EUR/GBP is in a downtrend for nearly 1,5 months. Building lower Highs and lower Lows. - Trendline acted act as a rejection multiple times as you can see on the chart. - RSI overbought. - 200 EMA (1H) could act as a possible rejection line. TP 1: 0.85715 TP 2: 0.85382 SL: 0.86160 Lets see if this one plays out.