EurGbP 1. Price Formation: The price has broken out from a Cup and Handle price formation on a daily chart. Previously, failed to move down from an M-formation and turned up. 2. Moving Averages: The 7-day moving average (MA) is above the 21-day MA, which is a sign indicating short-term bullish momentum. 3. 200-day Moving Average is below the Price. 4. Thus, Mas 7>21 > 200 5. Relative Strength Index (RSI): The RSI is >than 50, indicating bullish momentum and potential further upward movement. 6. Price Target: to the bottom of the channel at 0.8950
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