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RB1988

EURGBP correction appears to be over. Ready for more upside!

Long
Euro / British Pound (OANDA:EURGBP)  
RB1988  
OANDA:EURGBP   Euro / British Pound
Trend Analysis Wave Analysis Technical Indicators
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EURGBP looks to have hit the bottom of that channel to perfection and with three corrective waves, looks poised to begin the next impulsive move to the upside. Bullish divergence on the daily also suggests to me that it bounces over the coming days too. Couple that with Brexit focus, I think there will be some weakness in the GBP, thus EUR should outperform. GL!
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