EUR/GBP: Bullish To Bearish

 | Jan 19, 2021 08:41AM ET

EUR/GBP is currently at 0.8915 in a channel. We are looking for a move to the ATR Target at 0.8954 area. We should get a reaction there.  A break out or a channel continuation. Watch the USD for any change in direction. The ATR for the pair currently is 62 pips per day.