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HomeContributorsTechnical AnalysisElliott Wave Analysis: EURGBP Trading In A Triangle Correction; More Gains In...

Elliott Wave Analysis: EURGBP Trading In A Triangle Correction; More Gains In View

Elliott Wave Financial Service
By Elliott Wave Financial Service

EURGBP can be trading in a triangle of a higher degree, with current intra-day movement representing sub-wave d. Once leg d finds resistance, a new three wave movement may develop within the following wave e. That said more gains may follow on the pair, once the whole correction find support and fully unfolds.

EURGBP, 1H

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