EURGBP is in the corrective pullback from recent highs. We are looking for red wave C to reach 0.7638 levels for a possible support. This corrective pullback is also in the A-B-C formation pattern. That said usually legs in this corrective A-B-C pullbacks reach equality, so this means leg A should travel the same distance as leg C.
FOREX, US Single STOCKS, CRYPTO
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FOREX, US Single STOCKS, CRYPTO
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Learn Elliott Waves
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.