EUR/GBP Began a Correction

After an extensive move to the upside that lasted for over 1000 pips since the results of the UK referendum came out back in 23^rd June EUR/GBP finally found a resistance at 0.8626 and started moving to the downside after forming a hanging man candlestick on the daily time-frame. Its next target is likely 0.8320, which coincides with (MA)89 on the four-hour time-frame. Of course, we should take into consideration the fact that right now both EUR and GBP are hugely dependent on the fundamentals and any news coming out of the United Kingdom pertaining to Brexit might cause another spike in either direction.