theforexportal
Short

SHORT EUR/GBP at market

FX:EURGBP   Euro Fx/British Pound
a year ago
EUR/GBP             sits at a significant level. Price is slipping beneath a confluence of 200 sma 50 sma and 50.0 Fibonacci on H240.

This looks a significant move and a failure to hold .7740 could see this pair enter a long term down phase.

I'm in this market from .7751 and .7743 with a STOP at .7790.

Target for this trade is .7350 area (200 sma on Daily TF)
a year ago
Trade active: SHORT from .7751
STOP .7790
Target OPEN
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