EURGBP: Sell Set Up And Forecast #Forex

FX:EURGBP   Euro / British Pound
183 0 11

Pair moved well to the downside in my previous forecast, where over 200 pips were made (see related ideas)

The pair is accumulating, the pair will have a weak bullish correction into the previous bearish impulse leg before yet another opportunity to short into a minor 3 wave move, offering another 500 pips of downside. Price will correct to the Fibonacci retracement level, before the bears short again.

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