EURGBP Chart Technical Outlook

EURGBP Chart Technical Outlook looks for a bottom to develop a last bullish move

EUR/GBP develops an expanding diagonal five-wave structure. The last leg is in progress. I expect the dip to fade. It has supports at 0.8570 and 0.8555. Intraday charts show oversold and bullish divergence. Resistances are located at 0.8600 and 0.8630.

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