Elliott Wave Analysis: EURGBP Intraday View

On the intraday view of the EURGBP, we are observing an idea of a corrective retracement, which can be in final stages, as we see price progressing in the last wave C. Last wave C still has two of the five sub-waves missing, so maybe price can still reach a little lower, and ideally find a support and a turning point higher at the lower channel line.

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