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ForexDisco

Short EURGBP @.77297 with final target of .725 and stop at 78.2

Short
Euro / British Pound (FX:EURGBP)  
ForexDisco Updated   
FX:EURGBP   Euro / British Pound
EURGBP
1
1
eurgbp
I decided to get short EURGBP at .77297 with a final target of .725 and a stop at .782. I put some of the fundamentals on my blog but a brief overview is that the Brexit fears are subsiding, the data from the UK is improving and the economic situation in the EU is declining.
Comment:
Price continues to drop in EURGBP. Big move over night. Look at closing a portion at .75 but thinking it will take a few weeks to get to that level.

Be looking for updated polls on Brexit. That could be one catalist if those continue to show the "stay" votes have it.
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