EURGBP Chart Technical Outlook resistance levels sync with an Elliott Wave count
We have two substantial upside barriers this week:
- The first barrier is 0.8578.
- The second barrier is at 0.8678.
Using our Fibonacci extension tool this could make a perfect Elliott wave count. We would take wave one at 0.8578. Projecting a 261.8% extension level from this swing high would result in 0.8675.
