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EUR/GBP Wave Analysis

Long
Euro / British Pound (OANDA:EURGBP)  
traderpulse  
OANDA:EURGBP   Euro / British Pound
Chart Patterns Wave Analysis EURGBP eurgbplong eurgbptrend eurgbpanalysis eurgbpforecast eurgbpshort eurgbpbullish eurgbpsell eurgbpbuy
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chartpattern waveanalysis eurgbp eurgbplong eurgbptrend eurgbpanalysis eurgbpforecast eurgbpshort eurgbpbullish eurgbpsell eurgbpbuy

After dismal data from Britain, EUR/GBP was off to the flyers yesterday.
It could be interpreted as a wave pattern and is now forming wave 4.
Further, it is close to a congestion zone which could act as strong support.
Hence, we expect the pair to be bullish in the near-term.
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