Last time we looked at EUR/GBP, we saw that it was shifting away from the prevailing bearish trend. We asked whether it was turning bullish. So far, we can only say that it was shifted into a sideways market, and should pay attention to the upcoming resistance.EUR/GBP Daily Chart (click to enlarge) Sideways Market:- Note that price has shifted from a bearish correction mode, into a sideways consolidation.- The fact that 0.83 held as support many times suggests that the market is not bearish.- However, there has been resistance at or under 0.8850. - At this time, if price reaches the 0.88-0.8850 area, and we see a bearish divergence between price and the daily RSI, we should anticipate a bearish attempt. Breakout:- A break above 0.8850 would be a bullish signal that opens up 0.90 and 0.92. - A confirmation could be price pulling back but holding above 0.86. - Also, if the RSI retreats but holds above 40, we should be confident of the bullish momentum.