EUR/GBP Is Breaking Lower Out Of Projected Bearish Triangle
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EUR/GBP is coming lower after UK CPI inflation data and ECB Cut last week as mentioned and highlighted on May 24.
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EUR/GBP Daily Chart From May 24, 2024
As you can see today after two weeks, EUR/GBP is nicely breaking out of the projected wave (B) bearish triangle pattern, so wave (C) of C can now be in progress with room down to the lower triangle line near 0.84 - 0.83 support area, from where we will have to be aware of bounce and recovery.
(Click on image to enlarge)
EUR/GBP Daily Chart From June 10, 2024
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