EUR/GBP is in a crucial zone which will help us understand whether the price could start a new bearish movement or a bullish movement.

On daily time frame chart, we can see that the price is stuck in the range between 0.897 - 0.877 which we can call consolidation zone.

Our suggestion is to wait for a clear price's reaction close to the bottom of the consolidation zone which is a support level as well in order to understand which trend it might start follow.