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EUR GBP into decline

1. On the weekly EUR/GBP chart we could see five waves up which I labeled "1 or A", followed by multiyear decline "2 or B" and then another five waves rise.
2. Yesterday sharp reversal down in EUR/USD indicate that wave e of contracting triangle is completed and the new trend down to parity started.
3. The Cable is in upward correction and may rise to resistance zone 1,3000 - 1,34000
Based on this I expect EUR/GBP to fall to fibo levels (see chart 1) in next few months.
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EUR USD - the final leg down

Since 12 of Mart 2015 the pair formed contracting triangle.
The rise ahead of news of Trump's win seems to be wave "e".
Right now the price is stuck on the edge of the triagle:
Daily/Weekly close below current levels should confirm that the downtrend resumes and I expect, ahead of the New Year, EUR/USD to test the low of 2015 - 1.04624
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