EURGBP appears to be at the middle of a possible M formation, meaning it has to go up to later go down even further. But first it will go up. It reached a potential support and is now trading sideways, with a long wick on the left side. MACD is showing hidden bullish divergence, and stochastic RSI is oversold on the 1H, 2H, 3H and 4H timeframes.