Hellborn
Short

Next euro leg lower?

FX_IDC:EURGBP   Euro / British Pound
Last week EURGBP             came close to the 50 EMA and strongly rejected it and it looks like we are forming a double top on the daily. This definitely seems like a good shorting opportunity especially considering that according to ABN Amro There Is A 40% Chance Mario Draghi Expands ECB QE "As Soon As This Week". Also look for EURUSD             hitting parity before the year ends.
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