If you look at the 4 hour chart, and draw a fibonacci retracement of the last move, a good target to me looks like the .50 level, as it also rests on previous resistance and further left, support. Last note, because this is EURGBP, it means that as the Pound gains strength, the pair should go down. This alligns with my bullish bias for GBPJPY. Both trades are based on short term, pound strength. Its important to look at a daily chart of EURGBP. I drew a fibonacci from the top to the bottom from 2018 highs to lows and the current price is sitting right below the most significant level in the fib, the .50 level.