fxice

EUR/GBP Harmonic Analisys

FX:EURGBP   Euro / British Pound
271 4 0
Market may be forming bullish harmonic gartley pattern on weekly timeframe (long term). Price action is at 100% AB=CD pattern level and it may rally up from psychological 0.80 area. However Weekly and Daily MACD are bearish and EUR/GBP             pair may go lower to form 127% ABCD pattern . Watch for 61.8% and 78.6% Fibonacci retracement levels if price would go lower.
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