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EURGBP Intraday View, Pair Looking For A Reversal Lower

Elliott Wave Financial Service
By Elliott Wave Financial Service

Last week we talked a lot about EURGBP, which has a very good looking structure up from January low. We see an A-B-C- bounce in wave 2) that is approaching resistance area at 0.8650-0.8670, which is not far away so be aware of a bearish reversal in the very near future. Ideally market will fall sharply from there with an impulsive manner.

EURGBP, 1H

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Elliott Wave Financial Service
Elliott Wave Financial Servicehttp://www.ew-forecast.com/
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