I count EURGBP actually in correction wave primary A, and now, price still do correction ( WXY as wave intermediate 4 ). And I predicting that last Y will end at fibonacci retracement 50% FYI , in wave A, sub wave 4 can go into territorial of subwave 1!
DISCLAIMERS : * My EW labelling perhaps different with other EW traders. ** This analysis however is subject to change anytime ( with or without notice by me ). *** Every result trade of you, I am not gonna responsible for it. I just sharing this analysis for learning purpose only, especially for people who really want to know about Elliot Wave technique.