EURGBP – AB=CD formation and 50% to limit buying

The immediate bias is bullish, but we look for rallies to be sold

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EURGBP - AB=CD formation and 50% to limit buying
Monthly: Since posting large nett losses in September 2017 (-395 pips) the cross has moved sideways. Price action on March (2018) has seen a bearish Outside Month posted and offers a mild downward bias. Notable support is located at 0.8303 Weekly:  The 161.8% extension level from the 0.9299-0.8682 move is located at 0.8303, just below the aforementioned support Daily: With bespoke su...