Elliott wave analysis of EUR/GBP for July 7, 2020

After a nice run to the 61.8% resistance target at 0.9183 we saw that EUR/GBP corrected a bit stronger than we had expected. However, EUR/GBP met strong trendline support near 0.9000, which is expected to protect the downside from renewed upside pressure through minor resistance at 0.9079 and more importantly through resistance at 0.9109 that […]