EUR/GBP's fifth wave (of the rally from 69.30) seems to be complete so now it would be nice to see something convincing on the 15min. I wouldn't rule out a marginal new high but I reckon a big drop is around the corner.
For now we got only 3 waves on the 15min so I'm not totally convinced yet, but you could count this as a wave 1 and wave 2, followed by minor wave 1 and minor wave 2 of wave 3. Well, a chart tells a thousand words.
240min:
15min:
