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fxJul 21, 2026, 9:49 AM

EUR/GBP Extends Decline in Final Wave E

EUR/GBP continues its downtrend as expected, now developing the final wave E of a corrective structure. Bearish momentum is building.

EURGBP

EUR/GBP has continued moving lower, validating the bearish expectations set in June. The pair is now developing the final wave E of its corrective structure.

Wave E is expected to unfold over an extended period, as typical for this phase. The current decline suggests that bearish momentum is strengthening within the final leg of the pattern.

Source: FXStreet Forex News