"No warning can save people determined to grow suddently rich" - Lord Overstone

  • 14 hours Gold Selloff Continues As Dollar Climbs Higher
  • 15 hours Gold Investors In A Frenzy Over Sunken Russian Warship
  • 16 hours The New King Of Electric Cars
  • 17 hours BlackRock Goes Bitcoin
  • 18 hours U.S. Banks See Best Earnings Report In Years
  • 20 hours The Case For Gold Is Not About Price
  • 22 hours Stock Market Sentiment Turns Bullish
  • 2 days What Is Bitcoin Really Supposed To Be?
  • 2 days The Surprising Media Giant Taking On Netflix
  • 2 days Cybersecurity Stocks Are Red-Hot As Election Looms
  • 2 days Americans Grow Weary Of U.S. Trade Policy
  • 2 days What Putin Really Wants From Trump
  • 2 days Europe’s EV Sales Growth Is Slowing
  • 2 days The Looming "Hyper-War"
  • 3 days The Real Winners Of The Real Estate Business
  • 3 days 3 Reasons Small-Cap Stocks Are Booming
  • 3 days Chinese IPO Fervor Slows As Xiaomi Disappoints
  • 3 days How Corporate America Is Filling The Gaps In Public Education
  • 3 days Bezos’ Space Flight Gamble
  • 3 days Is This The Answer To High Gasoline Prices?
The Case For Gold Is Not About Price

The Case For Gold Is Not About Price

Gold has seen huge gains…

The Surprising Media Giant Taking On Netflix

The Surprising Media Giant Taking On Netflix

Professional wrestling is not often…

Chinese IPO Fervor Slows As Xiaomi Disappoints

Chinese IPO Fervor Slows As Xiaomi Disappoints

The Chinese IPO space was…

Gregor Horvat

Gregor Horvat

Gregor Horvat, based in Slovenia, has been in the forex markets since 2003. He is a technical analyst and individual trader who has worked for…

Contact Author

Elliott Wave Analysis: EURGBP Could Face A Probable Reversal Around The 0.8800 Mark

EURGBP is on a strong rise for the last few months but based on slower price action for the last two months we think that this move can be now coming to an end. We see price in fifth wave that can be looking for a top around 0.8800 area, after an ending diagonal is finished, where another leg up can be coming if market breaks above 0.8600 level shown on the 4h chart.

EURGBP, Daily

EUR/GBP Daily Chart

EURGBP, 4H

EUR/GBP 4-Hour Chart

 


Interested in our services? We have a Special Offer: Get 1 Month Access For 1€!! Grab the opportunity now at www.ew-forecast.com You can even subscribe to our Twitter account -> @ewforecast

 

Back to homepage

Leave a comment

Leave a comment