EUR/GBP - Daily
EUR/GBP - 4 Hourly
EUR/GBP - Wave 4 completed at 0.8303 wave 5 towards at least 0.9452 is now unfolding
The decline in wave 4 spiked the 38.2% corrective target at 0.8396 and moved lower to test the low of wave  of one lessor degree to complete the correction in wave 4.
With the low of wave 4 in place, we should be looking for wave 5 higher to above 0.9270 with the first target for wave 5 seen at 0.9452, but I would not be surprised to see a continuation higher to the 0.9723 target.
Short-term, I expect support at 0.8484 max. 0.8404 to protect the downside for the break above minor resistance at at 0.8551 for a rally towards 0.8707 on the way higher.
Only a break below 0.8404 will invalidate this count.
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