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themarketzone

Monthly harmonic pattern in play

Euro / British Pound (FX:EURGBP)  
themarketzone Updated   
FX:EURGBP   Euro / British Pound
EURGBP EURUSD GBPUSD BOE
4
0
eurgbp eurusd gbpusd boe
Towards GBP data and rate decision - EURGBP with monthly harmonic pattern (bearish) in play.
The pattern was triggered near 0.92 and suggests that EURGBP may be heading for a monthly correction wave..
Potential target - 0.85 (monthly)

Comment:
Already 200 pips profit from the Cypher reversal zone
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