EUR/GBP Elliott Wave Analysis
EUR/GBP is a range-bound pair that reflects the relative economic performance of the Eurozone and the UK. It tends to trend less aggressively than dollar pairs.
EUR/GBP often forms extended corrective structures due to its range-bound nature. Triangles and flats are more common than clean impulses. Best traded on weekly timeframes where impulse waves are clearer.
Historical range between 0.8200-0.9000. The midpoint at 0.8600 acts as a gravitational pivot.
EUR/GBP is a patience pair. Wait for monthly-level wave completions and enter on weekly signals. Don't expect the same velocity as dollar pairs.
H4 Wave Count
4-hour timeframe for precise entry timing
Daily Wave Count
Primary trading timeframe structure
Weekly Wave Count
Macro context and trend direction
Fibonacci Targets
Precise price targets from wave structure
Invalidation Levels
Exact price where the count is wrong
Alternative Scenario
What happens if the primary count fails
New to the method? Read the Elliott Wave forex guide or brush up terms in the Elliott Wave glossary.
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Updated before London open, every trading day. H4, Daily, and Weekly wave counts with precise Fibonacci targets.