Tuesday, January 14, 2020

#EURGBP 1 HR #ElliottWave Count

EURGBP 1 HR Elliott Wave Count

The EURGBP tried to break higher but was rejected right away at the .85922 resistance.  The Bullish Count is still valid but will need to bounce soon.

If this bullish count fails I am still expecting the pair to move higher after completing a more complex wave (ii).  The .82744 will need to hold during the deeper/complex wave (ii). 


EURGBP 1 HR Elliott Wave Count
EURGBP 1 HR Elliott Wave Count