EURGBP 4H UPDATE

πŸ“Š Timeframe: 4-Hour Chart
πŸ“‰ Market:Β  EURGBP

Wave B marks the end of a corrective phase, where the price moved downward in a corrective wave structure.

Impulse move upwards: After reaching Wave B, the price started a strong upward move, potentially confirming the beginning of Wave C.

Key area: There is a highlighted zone in purple where the price might retrace before continuing its strong bullish movement.

Target: The price is expected to reach the upper level at Wave C, as indicated by the red projected path.

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