Elliott Wave Analysis: EUR/GBP Trading In The Fourth Corrective Wave

EUR/GBP is turning down from 0.8691, so it seems that more weakness is now coming as leg up from 0.8591 was made by three waves.

EUR/GBP is turning down from 0.8691, so it seems that more weakness is now coming as leg up from 0.8591 was made by three waves. it was a corrective wave B as part of still ongoing red wave 4) that can be once again headed down to 0.8580/90 support area where we will expect a bounce this week, unless fourth wave will make a triangle. In that case price action will be sideways in five legs rather than deep!

EUR/GBP, 1H

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