EUR/GBP - Red wave ii turned into an expanded flat and should hold above support at 0.8243. However a break below 0.8243 will delay the start of wave 3 for a move closer to 0.8227 before higher again.

EUR/GBP - Red wave ii turned into an expanded flat correction (wave "b" ended above the starting point of wave "a" and wave "c" ended below the ending point of wave "a"). A bottom could be found any time now for a powerful rally in red wave iii higher towards 0.8365. However, if the starting point of red wave i at 0.8243 is broken, the expected upside rally will be delay for a move closer to 0.8227 before wave 2 finally comes to an end.

Have a nice weekend.

Thomas
2014-05-28
phenomenal new service EWS, I have followed you for 18 months and the exceptional analysis continues unabated! I look forward to the daily updates focusing on the most interesting and potentially lucr...
Felipe
2014-05-26
Hi,

I recently tried a 30 day membership and I am very happy with the service. Pls keep up the great work!!! I will continue renewing!!

Felipe
Duane
2018-03-03
Hey EWS,

I just wanted to thank you for posting your charts. They are of great help to me. Your charts are a great teaching aid for learning Elliott Wave.

Duane