Pound due a correction against the Euro?

١٥ أغسطس ٢٠١٦

The wave count here could be (as is usual) interpreted a number of different ways but this is one count that is a possibility in conjunction with the Andrews Pitchfork. Details on the chart. I think that either wave iv has further to go with a C wave down to complete or it is continuing up to the conclusion of wave V. As ever, time will tell.