I believe that the bullish trend that started at the beginning of 2017 was just a ABC correction of the overall bearish trend. If the EUR/GBP completes its H&S pattern, this outcome for EUR/USD is extremely possible. the 5th wave target is a bold one at 1.0160.
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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.