EURGBP
EURGBP broke to the highest point this year with a current sharp leg above 0.8830 which can be the strongest leg in the middle of a trend. As such, it can be wave three in a five wave sequence, so we adjusted the wave count and are now looking for more gains on EURGBP, possibly to 0.9000 area.
More: EUR/GBP > 0.90 on pound crash – why this will NOT last
EURGBP, 4H
NZDUSD
NZDUSD is moving nicely lower for the last few days after that, the red trendline has turned into a resistance near 0.7310. The current leg down can be even wave 3 of three headed to 0.7100.
NZDUSD, 4H