Back to all analysis
Elliott Wave#EURGBP 1H16 October 2026

#EURGBP 1H

Technical Analysis

#EURGBP 1H

Following the recent bearish wave, a trend reversal is expected at the current support zone, potentially marking the beginning of an uptrend.

If the price breaks below the support zone, the downtrend is likely to continue, with confirmation coming from a break of the support trendline.

⚠️ Price reaction to key levels and proper risk management will play an important role in confirming the next market scenario.

#TechnicalAnalysis #Forex #EURGBP #PriceAction #Trading #ForexMarket #STPTrading