We have an impulse and now the cycle on the correction on this pair has run its course. The next couple of weeks will be bullish until we reach the target. We are at the end of the second quarter, you will now see many major pairs setup a longer term trend. bulls on eurgbp, you will see gbpjpy and gbpusd moved down for the rest of the year as a result of the correlation between these ideas. #btmm
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I will post, trade ideas and entries following this analysis