The pair rose sharply on Monday morning in the wake of a new short-term truce between the EU and Britain following a meeting this weekend. On this wave, it may continue to grow locally already amid new expectations for the Fed's decision on new fiscal stimuli that will weaken the US dollar.
Technical side:
The price is above the middle Bollinger band, above the SMA 5 and SMA 14. RSI is above the 50% level and is growing. Stoch is also growing steadily.
Trading recommendations:
The pair may continue to rise to 1.3410, although in general it is likely to remain in a sideways trend.