This trade came to my attention for two reasons. It had a strong reaction to last weeks S1 and monthly M1 and was at monthly low. Then i waited for price to make new high into the new trend or try to go down again. It made a new high and a higher low and bounced off MS1 and Weekly pivot. Target is R2 and SL is below M1 or 75 pips.
My general bias is looking to buy EUR and to sell GBP.