ChartAddicts

EURGBP: Wait for Pullbacks!

Short
OANDA:EURGBP   Euro / British Pound
Reading price action, we can see EURGBP had a huge shift in momentum to the downside, clearing .88000 key psychological support. If price pulls back and tests as new resistance in confluence with signs of rejection look to short this down to .87000 key psych. If price breaks above .88000, we must reevaluate price action. Due to the uncertainty of market fluidity, risk management is highly recommended.
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