$EURGBP (11.20.2013)

Wave (( b )) of C also appears complete at 0.8415. As this level holds, expect more downside toward 0.8280 – 0.8308 to complete a cycle from 0.8463 high. The hourly cycles are negative so we don’t recommend buying the pair and like selling rallies in 3, 7 or 11 swings when it pulls back after completing wave (( w )).

EURGBP A0-FX, 60

 

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