On the intraday chart of EUR/GBP we can recognize a decline from the high in five waves, which means that this is still only one part of a corrective blue wave 4-circled. As such, more weakness is likely coming in days ahead, maybe to 0.8100-0.8200 area, but after a completed recovery up into a red wave B) that is underway with a double zigzag, and may look for a resistance at 0.8430-0.8460 area.
EURGBP, 1H
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