Is EUR/GBP Again Ready To Fall?

 | Mar 17, 2016 11:24AM ET

On the intraday chart of EUR/GBP, we have three legs up from 0.7650 that looks like completed corrective B)-wave after recent decline slightly out of the channel that can send price down into wave C), even to 0.7500/0.7550 next week. If price will stay bearish for few more sessions, then we may try with new shorts on this one.