EURGBP Chart Technical Outlook

EURGBP Chart Technical Outlook drives lower, the 261.8% extension is located at 0.8242
EUR/GBP Is driving to the downside. Although we have stalled at the demand zone from October 29, Elliott wave analysis which suggests the current move higher is a fourth wave correction. We have resistance at 0.8356. This area has been pivotal through October. The 261.8% extension level and possible 5th wave completion are at 0.8242.

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