EURGBP - Wave [4] correction lower.
Following a completed and impulsive wave [3] rally, that has overextended, with oscillators stretched and price failing we look to be starting a wave [4] corrective phase.
This should evolve into an alternate zigzag pattern lower with potential to 0.85875 the 38.2% of the most recent major wave higher.
This should evolve into an alternate zigzag pattern lower with potential to 0.85875 the 38.2% of the most recent major wave higher.
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