If we look at the daily chart, the EUR/GBP cross currency pair appears to be moving harmoniously in an upward channel, which means buyers are more dominant than sellers. This is also confirmed by the Ichimoku Kinko Hyo indicator, where price movements are above the Kumo which is also supported by futures of Kumo Span A which is above the Span B then the price movement is above the Tenkan Sen which is a golden cross with Kinjun Sen and Chikou Span which is above the price movement and above the Kumo which means that all the things mentioned above confirm Bullish conditions. So that based on the Ichimoku Wave Projection which detects the presence of E Projection so that it can be seen that in the next few days EUR/GBP has the potential to continue its strengthening up to the level of 0.8859, provided that during its journey to the target level there is no weakening that penetrates below the level of 0.8688 because if this level is successfully broken below, there is a strengthening scenario as previously described will automatically become invalid and cancel itself.
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