Hi Traders, here is the full Update Analysis / Breakdown for EURGBP . Keep this pair on your watch-list. Conditions - 1.Wait for confirmation 2.Use Risk Management (Risk 1% of your capital) 3.Do your Own analysis! 4.Follow for more Analysis like this ! Dont forget to give me a like & Follow let me know in the comment section below if you have any...
EURGBP could move a tad lower to complete intermediate wave 2 near 0.8480 before continuing higher. The said level is the 100% FE of the first minute degree zig-zag and could be duplicated as minor X was somewhat dominant. Look for a valid reversal above last zig-zag's minute b wave but expect minute c to complete first. Minute c should be truncated to support...
EURGBP About to start the next move up - As it breaks out of its flag formation we can look long on a break of the 200EMA
EURGBP Bullish and GBPUSD Bearish Setup