tomj2417
Long

EURGBP - Decline due a rest

FX_IDC:EURGBP   Euro Fx/British Pound
59 0 4
As ever with Elliott wave there are alternative counts to this one that could show that my wave 3 is in fact a wave 5, but I believe this count is the more likely one as I am still pessimistic regarding the Pound and think it has lower to go yet. Of course, even if the Euro             bounces where I think it might, this could be just the start of the 4th wave correction rather than the end but I still think it will recover some of it's decline in the coming days.
Comment: ummmm.....interesting.
Comment: Currently bouncing along the 38.2 Fib retracement of the uptrend from July 2015.
snapshot
Comment: Looking for some upside to around 87, perhaps even 88 level.
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