Art_of_Trading
Short

EURGBP: Trade Structure

FX:EURGBP   Euro Fx/British Pound
On FX:EURGBP             , the market broke out the support level at 0.84424 which became the resistance. Also, last swing made a new structure which can be the sign of new downtrend and an opportunity to go short. Moreover, the fibbo level 38.2% exactly hits the same resistance zone and the last bars long shadows shows that bulls are getting their control.
PS. Draghi speaks today, and Euro             -0.05% market may get more volatile.
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