The EUR/GBP currency pair, which expresses the value of the euro in terms of the British pound sterling, seems to have stabilized more recently following downside that has resulted mostly from GBP optimism. In a prior article, I identified the level of 0.8062 as a potential target for the pair, which is likely to remain in sight for EUR/GBP.
The chart below shows our 0.8062 target, illustrated by the horizontal blue line; the chart itself uses weekly candlesticks.
(Chart created by the author using TradingView. The same applies to subsequent candlestick charts presented