EUR/GBP hasn’t still been able to fix over than correcting rate 38.2 per cent of 3- (or C-) wave dimension of the main trend. Certainly this currency pair is still able to form more complicated fifth wave in 5 but concerning many indexes (MACD divergence including) the price reverse is already matured. That’s why there is a temptation to “saddle up” the beginning of the incipient falling down trend. But very obvious facts always can spring unpleasant surprises.