rjdyerz
Short

EURGBP 240 Analysis

FX:EURGBP   Euro Fx/British Pound
EG seems to be forming a larger ABC to complete a 4th wave up. I'm expecting a 5th wave down with an overall target of 0.8421. Look for a reversal sign around the 50% retracement on the current leg.

Based on purely TA.
Comment: Price has reached target. Hopefully everyone made some pips on the way down.
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