Hello Traders!
EURGBP - the downward trend will continue, as soon as EURUSD currency pair falls.
The Daily delta&clusters negative (bearish). We expect the rapid fall at the end of this month.
Best regards, Powerful Traders.
This is the corrective structure of a weekly impulsive down move. If this breaks up with a motive wave we might be in for a very long bullish trend. If it breaks to the down, it means the correction is still in progress and could go down to the 127% or even 161.8% (overlapping the monthly 76.4%) marked on the chart.
All this is happening around the 61.8% fib...