If we take into account the fundamental analysis:
1) We see that the UK interest rate is going to be significantly reduced
2) That the GBP is taken into account as a risk currency
On the other hand according to the technical analysis:
1) We see that the trend line remains up until it reaches 0.87850
2) The RSI, CCI and BB indicators indicate that EURGBP is going to continue upwards until a determined point and then it will have a bounce down
1) We see that the UK interest rate is going to be significantly reduced
2) That the GBP is taken into account as a risk currency
On the other hand according to the technical analysis:
1) We see that the trend line remains up until it reaches 0.87850
2) The RSI, CCI and BB indicators indicate that EURGBP is going to continue upwards until a determined point and then it will have a bounce down