EURGBP bounces off low from last week. Is the bottom in?

EURGBP bounces off the low from last week

The EURGBP bottomed last week at 0.8305 (on Thursday), and shot higher peaking at 0.84218 on Monday of this week.
The high price on Monday, was able to extend briefly above the 38.2% retracement of the move down from the December 8 high to the