EURGBP has been making lower lows and lower highs recently. The level around 0.8470 has held several times as support which should now turn to resistance. Also it is the 50% Fibonacii retracement from the last down move. Moreover, we can get very good risk-reward ratio on this trade.
Trade active
Comment:
Stop moved to breakeven in order to be sure it does not go against us.
Trade closed manually:
I closed this trade for +85 pips. I don't want to hold it over the weekend and gamble on the result of the Italian referendum.