EURGBP Is Looking For A Larger Recovery
Oct 28, 2025

EURGBP

EURGBP has turned around strongly this year and even broke above the downward channel connected from the 2023 highs. This suggests that wave C has ended at the lower side of a very big triangle, and the pair could still be recovering within subwave D. It may eventually reach the upper side of the pattern around 0.89 within W-X-Y formation, where wave Y can now be in play; ideally it will reach higher prices soon with break out from current triangle.

EURGBP Is Looking For A Larger Recovery EURGBP Daily Chart
EURGBP Daily Chart

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