EURGBP: the bottom is not confirmed yet


EURGBP: the pair is holding at the pivot support region and we have no confirmed bottoming pattern. While I allow further minor extension to the downside (4 hr chart) I have to admit that right now there's no solid bullish setup.

As stated earlier: to confidently elaborate the low is in place count I need at least a rally over 0.86542 level. So far I remain neutral.

BaseCase - EURGBP - 4 hr - 15-03-2019 - 1
BaseCase - EURGBP - 4 hr - 15-03-2019 - 1
BaseCase - EURGBP - daily - 15-03-2019 - 1
BaseCase - EURGBP - daily - 15-03-2019 - 1
Arkady Yakhnis provides extensive coverage on precious metals, energy, and forex at ElliottWaveTrader.


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