EURGBP - We Look to Sell a Break of 0.7759 (stop at 0.7789)
EURGBP - Continued upward momentum from 0.7572 resulted in the pair posting net daily gains yesterday. A 5 wave bullish count has been completed at 0.7774. Selling posted in Asia. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Our profit targets will be 0.7680 and 0.7660.