EUR/GBP is possibly my favourite pair to trade, having cut my teeth in the interbank market as a GBP/DMK dealer back in the 1980’s. It usually trades with a reliable swing pattern and once you get into the rhythm, it’s relatively easy to trade.
I haven’t been watching it all that closely in recent weeks so I don’t have any very strong views at the moment. Two of the bigger banks are reporting plentiful buying interest through .8600 this morning but personally I would not chase this higher, preferring to sit on the bid down near .8525/30 in the hope of a sharp dip.