Euro/British Pound(EURGBP) Day Chart
EUR/GBP Elliott Wave technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Blue wave C.
Position: black Wave B.
Direction next higher degrees: Black wave C.
Details: blue wave C of black wave B is in play and looking near to end.
After that black wave C will start.
Euro/British Pound(EURGBP) 4 Hour Chart
EUR/GBP Elliott Wave technical analysis
Function: Counter Trend.
Mode: Corrective.
Structure: Red wave 5 of C.
Position: Blue wave B.
Direction next higher degrees: Red wave 5 of C (started).
Details: Red wave 4 of C looking completed at 0.85707.
Now red wave 5 of C is in play.
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