- EURGBP broke the support zone
- Likely to fall to support level 0.8265
EURGBP currency pair recently broke the support zone between the support level 0.8300 (which stopped the previous impulse wave i at the end of January) and the 61.8% Fibonacci correction of the upward ABC correction 4 from December.
The breakout of this support zone accelerated the active short-term impulse wave iii of the higher order impulse wave 5 from January.
EURGBP currency pair can be expected to fall to the next support level 0.8265 (former low of the minor correction b from the end of December).
%20and%20the%2061.8%%20Fibonacci%20correction%20of%20the%20upward%20ABC%20correction%204%20from%20December.){kind=link}