Hello,
Lets look at EURGBP this time.
Why?
0.925 was reached once last year in October 2016. The one before was back in September 2009. 0.925 - 93 is a significant level.
Fundamentally, EURGBP could go higher, but since it has had a 900+pips move since April 2017 from 0.83117 to 0.9299, i think it is time to retrace
Target?
Lets target fibo 61.8% -0.89 level before deciding the next move. (300pips)
happy trading!