OraibUK

EURGBP to retrace - best to short at pull back

Short
OraibUK Updated   
FX:EURGBP   Euro / British Pound
EURGBP is expected to pull back above R1 area. This zone is quite attractive to enter sell. Dont chase the pull back only enter short once it turn back to 0.85473 zone. With GBP data on cards, this move may happen very quick or with a bit delay. Political backlog of eurozone is sufficient to push this pair lower.
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