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Coleman: Bullish on EURGBP after overnight bounce

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Ian Coleman is trading EURGBP after a strong move to the upside from a 0.6989 low in November 2015. Ian notes that the bullish channel formation has consolidated with a move sideways and mixed trading which, he points out, is common in corrective patterns.  

Following a bounce off trendline support overnight, Ian is looking for a future move to the upside.   

Buying at a mild dip at 0.7570

Stop: 0.7545

Targets: Intraday 0.7620 & 0.7840 over medium term