EurGbp launched on a

This is an old chart. And while learning I have lines all over the place. It's a mess, although the information I wanted to relay is there behind all the lines. This is the monthly chart. Most will not bother looking at this time frame.
Put it this way, If your have a probable destination, chances are you have a probable destinations along the way to your final destination. So look at lower time frames for your trades.
Here the Euro looks to have tested the lows and we may be headed for a great wave 3 if my count is correct.

Learning is half the journey. Happy trading.