Forex EUR+GBP Daily Video, April 01, 2020

[Sive Morten]

Good morning,

EUR and GBP hint on more extended downside retracement in 1-2 sessions

 

[kris82]

GBP already touched F5, so it could be treated as retracement?

 

[minimax]

I agree we could see new highs on both after NFP..
€$ I see in ending diagonal C wave but there are also other possible patterns, W&R could mean just B of Flat in Flat..
Cable I see in wave C of Flat correction as part of XWZ double zigzag 5th of ending diagonal so I expect sooner or later should hit 1,2662.

 

[minimax]

Looks like we should get shallow 5th wave of ED on €$