EURGBP remains dominated by Marabuzo line

Not a tremendous amount of signals jumping out at us this morning despite the strong moves seen during last week.
Looking for lower levels in EURUSD, CABLE, Bunds and Equities though.
EURGBP is a tough one. Conflicting signals as the Marabuzo line created 5 weeks ago is basing the downside on a weekly closing basis. But while I would normally expect this point to have acted as a platform for demand there has been a distinct lack of follow through.

Take a look at the chart below - any thoughts?

Hammering Bund Bears

Trading in the early part of this week saw the strong decline from May's high extend to more than 5 1/2 points.
These lows, outside the Keltner channel, were sharply rejected Tuesday with that price action forming a Bullish Hammer pattern on daily candle charts. This has led to a significant rally (150-tics from the low - almost 100 from Tuesday's close).
Interestingly there is the strong possibility that Friday's close will confirm the formation of the same Bullish Hammer pattern on weekly candle charts.
Will we see the same impact? If so there's potential for 144.88 or even 145.51 (see charts below).
Have a great weekend.

Marabuzo Line supports GBPUSD

Interesting Marabuzo line created last Thursday comes in at 1.5506 and the 3 trading days since have seen prices supported by that point.
Last week's highs haven't been tested and prices are showing a lack of clear sentiment at this point.
However with the Keltner channel mildly positive and support also provided by the 13 day ema, this Marabuzo line could become even more significant in the coming days.