ew-forecast

EURGBP : Lower Levels In View

Short
FX:EURGBP   Euro / British Pound
EURGBP is in the corrective pullback from recent highs. We are looking for red wave C to reach 0.7638 levels for a possible support. This corrective pullback is also in the A-B-C formation pattern. That said usually legs in this corrective A-B-C pullbacks reach equality, so this means leg A should travel the same distance as leg C.

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