$EURGBP: Elliott Wave Analysis

EURGBP is close to ending a cycle on 1 hour time frame. Short-term pair is consolidating in a triangle which is valid as far as price stays above 0.8327 low. As this level holds, expect a push higher toward 0.8400 – 0.8420 area to complete wave A and a pull back in wave B should then follow.

[jwplayer mediaid=”165318″]


Subscribe to our Forex Blog

First Name: *
Last Name: *
Your Email Address: *