Eur/Usd Weekly analysis:
At the moment Eur/Usd impulse down is still developing. It reached a Weekly Wave Level allready.
MF Pivot 1.3159 is protecting the impulse down. As long as it is not broken - this impulse down will proceed.
- For this impulse to stop - price needs to break trough MF protective pivot or MF Trend Line
- For Trend to turn around back up - a FZR up of h4 wave level is needed
GBP/Usd Long Term situation:
Gbp/Usd Mid-term situation:
The impulse down is still developing. At the moment it reached "weekly" Wave Level already.
For this impulse to stop - a FZR up of h4 wave level is needed