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OANDA:EURGBP   Euro / British Pound
What next for EUR/GBP ?

The Correction to the High achieved in December 2008 ended in July 2015.

Wave 1 of the new move upwards ended in October 2016 and was followed by a Corrective Wave 2 move downwards to a Fibonacci Re-Tracement level of 0.618.

This Corrective move also agreed with the end of sub wave 4 of the previous move upwards.

I now expect the upward move to continue into Wave 3 commencing with a break of 0.8855.
Trade closed: target reached


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