According to the MACD on the daily chart, the EUR/GBP currency pair will rise in the medium long term. If the price reaches EMA 15 at 0.7125, the target for this pair in the medium long term may be Fibo 38 at 0.7278.
At this moment, the EUR/GBP currency pair is into a range on 8 hour chart. EUR/GBP will break out of its range, if the price reaches 0.7090. In this situation, the price may go up at 0.7207 where is Fibo 50.