Stoic-Trader

EURGBP - 8 month channel still intact

FX:EURGBP   Euro / British Pound
Haven´t updated this pair for a while, but there´s not much to report. The range is still holding, with 4 new reversal events (purple circles) - see previous analysis.

My primary scenario is still the same: this is a wave 4 correction, that could be a running or expanded flat. Right now we´re LONG biased, but with the trendline so close above, I don´t see any trades to be taken.

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