What's your timeframe mate? If you can see past all your fibs, you might notice the last 4 days being relatively flat on this pair. It's all relative to the timeframe you're trading.
Personally, my take on this pair is that it's poised to break out, the current trend is flat, and we are back where we started at the beginning of this week. I'd bet good limits to place would be on this week's high and low, because it never stays flat forever.