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AlexKenlock
Mar 27, 2017 6:25 AM

SHORT EUR/GBP Short

EURO / BRITISH POUNDICE

Description

This pair has been in a very strong bearish trend making very decent lower lows and higher lows, bouncing off the trend line shown. Fundamentals this week show us CPI numbers from Germany and the Euro-Zone as a whole are released on Thursday and Friday and the immediate future not looking promising for the EUR due to political risk likely to dominate the European headlines. My Stop is just above my H4 resistance which the whole trade at a Risk:Reward ratio of 1:7. Let's see how this goes!
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