ew-forecast

EURGBP Update II: Bigger Impulsive Cycle Unfolding

FX:EURGBP   Euro Fx/British Pound
EURGBP             keeps moving significantly to the upside, with recent sharp leg up to 0.8550 which looks like a wave 3 so a new bullish impulse is unfolding. That said, traders should be watching for more gains ahead, possible even to 0.8600-0.8650 area after red wave four set-back. This pair will stay in bullish mode as long price trades above 0.8400.

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