EURGBP will reach 0.77 together with GBPUSD hitting 0.95

The downtrend in EURGBP is gaining strength, but it is still waiting for Treasuries to enter wave 5 for real. Once it happens, everyone will rush into to Dollar like crazy, and EURUSD will be falling faster than any other major currency.

This spring we are going to see GBPUSD below 1.00 (0.95?) and EURGBP around 0.77. All in all, EURUSD should be around 0.75 by end of May.