Fundamentally we saw the previous move from 0.69 start once the Brexit scenario came on the table. I expect this move to be erased easily once the vote is 'NO'. In case of a yes we most likely see a break out of the daily consolidation for a new high above 0.98. For my long term count of months ago see link below:
Short term I expect EURGBP to weaken towards its fair value and from there the UK vote outcome will start the next impulse. That's my expectation for now but we still have a few day's to go and I will adjust when necessary. However if you want to trade this pair we should be waiting for a consolidation after the current impulse of lesser degree and sell the continuation with stop above the consolidation high.
Trade with care and otherwise use this analysis as an example.
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