EUR/GBP no comeback as yet

Hi Folks
This Monday's GBP PPI Input m/m came out at 1.2% - much higher than expected.
Still the EUR/GBP seem sitting down where they fell from - no significant upward movement .Can someone throw some light here.
Would appreciate it.
Thanks
Sam

A few things.

First, it looksl ike there was a negative revision downwards from the previous month. Perhaps the positive number was offset by the negative number.

Secondly, the GBP in general didn't do much. If you look at even the GBP/USD, it hasn't moved at all. That's a monday for you.

Yep. Some days will be like this. Learning to be patient on a flat day and being swept along with the surges is the way to go. Maybe CPI & Trade balance tomorrow will offer more consistency.

Then , I just wondered if this EUR & GBP lows are just ends of a tide , in waiting or they are new levels around which ranges will hover around.
If you see GBP/USD in H4 you see a down trend-line with an objective around 1.9615 and in fact last week GBP crashed down to a close level. Now if it shoot up will it come closer to its higher end objectives ( near 1.988+) or move around 100 pips less objective. It looks like it might take no more than a mid 1.98 ( 1.985x's) high and do the crash again. So some smell of predictability there.
But EUR/USD is more interesting .....on D1 it shows reversal of an uptrend ( and a 2 month low on H4) ..does that mean its resetting its levels or it will offer a comeback.