EURGBP just completed the last leg of the WXY structure and setting up for reversal. We saw the price forming a combination of two corrective structures after an impulse wave, first an expanded flat, then abc, followed by the last one which is a zigzag. Price is currently at a lower boarder of the zigzag structure, as such completing the wave (Y). I am of the believe that bulls will take charge and push the price higher.
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.