EURGBP - ANTICIPATING A FLAG BEFORE FURTHER SELLING PRESSURE
Updated
We can see that the GBP has gained a lot of strength in the past couple of days, something also backed by positive economic date. From a technical standpoint right now we could be seeing one more wave to the downside should my wave count be correct. Looking at the bigger picture I believe we could be in a FLAT or EXPANDED ABC Correction. I'll post a screenshot of the Daily TF perspective in the updates below.
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Trade safe and do your own due diligence before executing a trade.
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valuedbusinessconsulting.com/
Note
The bigger pictureNote
ready for the move down?
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