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EUR/GBP: Last Leg 5 In Progress

EUR/GBP: Last Leg 5 In Progress

EUR/GBP looks like it will soon complete a five wave fall from recent highs at 0.81161. Support levels are in such case seen around 0.7876 region or in that range. After the last wave 5 develops, we will then expect a corrective pullback that should unfold with a minimum three wave pattern with resistance around 0.8000 zone where the highs of the previous black wave 4 can act as a turning point into lower levels.


EUR/GBP Hour Chart

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