ORBEX: Correction Nearly Done, Could See Another Leg Down

EURGBP could complete its primary correction marginally below the 0.83 round support either in an (A) or (C) fashion.

The successful correction will determine the strength of the upside move, provided a slide is sustained above or near the 0.8130 area.

Stavros Tousios
Head of Investment Research
Orbex

This analysis is provided as general market commentary and does not constitute investment advice