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ORBEX: Correction Nearly Done, Could See Another Leg Down
Euro / British Pound
Short
ORBEX: Correction Nearly Done, Could See Another Leg Down
By Orbex
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Dec 19, 2019
9
Dec 19, 2019
EURGBP could complete its primary correction marginally below the 0.83 round support either in an (A) or (C) fashion.
The successful correction will determine the strength of the upside move, provided a slide is sustained above or near the 0.8130 area.
Stavros Tousios
Head of Investment Research
Orbex
This analysis is provided as general market commentary and does not constitute investment advice
Chart Patterns
correction
EURGBP
Fibonacci Retracement
Trend Analysis
Wave Analysis
Orbex
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