HumbleTraders
Short

EURGBP TESTING LOWER BORDER

FX:EURGBP   Euro Fx/British Pound
EURGBP             declined towards lower border of the range. We expect this market to rebound from these levels but it is likely to continue lower after the correction. Multi -year support is at 0.7745 area.This market can reach this level without any correction. Save bet is to short on rally towards 0.7960 with tight stops. The position can be stopped and reversed as the break of upper border would suggest more advance.
Looks like it topped today at 0.8002
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