FX:EURGBP Euro Fx/British Pound
The 4th-wave of a large triangle has either been completed or nears completion. Daily seems to be comfortably in range, indicating room to go before breaking-out. The 5th-wave in triangle patterns often fail to the reach the opposite side of the triangle. The at .7919 should provide an initial cap, while the could be where the 5th-wave terminates. The 2 arrows depicted are potential paths that time and price have an influence on.