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awais1989
Nov 28, 2018 3:37 AM

EURGBP possible downward price action imminent Short

Euro Fx/British PoundFXCM

Description

EURGBP is trending within a channel in an overall downtrend. Price is currently near the top of channel and based on long term trend is very likely to drop to continue the downtrend. To me this looks like a good opportunity to short EURGBP with a very reasonable 1:3 risk-reward ratio... Feel free to comment with your thoughts
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