EURGBP, long term

We know trying to forecast the behaviour of the pair euro/pound is like trying to know where a leave will land when it falls from a tree. Everything is pretty chaotic right know, so we don't have good handles to open the prediction door. Therefore, we are just going to show you the long-term chart of the EURGBP and imagine that the Elliott Module works and that we are building the last segment (5).

The 4 wave overlapped a little bit with 1 (0.7-0.72), but let us not be too picky about it. IF THIS IS TRUE, the 3 peak is the first target, meaning UK made a big mistake leaving the EZ, bla, bla... 

The new paradigm these days is not about choosing the best option, but about not choosing the worst one.