Euro / British Pound
Updated

Monthly harmonic pattern in play

181
Towards GBP data and rate decision - EURGBP with monthly harmonic pattern (bearish) in play.
The pattern was triggered near 0.92 and suggests that EURGBP may be heading for a monthly correction wave..
Potential target - 0.85 (monthly)

Note
Already 200 pips profit from the Cypher reversal zone

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.