The Euro almost settled against the Pound around the major support at 0.7415, as the pair had been moving within a sideway wave that is seen clearly on the 4 hours chart, as the pair declined to the major support mentioned above, it rebounded and the short term technical indicators started reversing to show an upside potential which will be confirmed if the 0.7465 level was breached, and a downside wave might start if the level at 0.7415 was breached as well and might continue to the next support at 0.7390.