Sherem

EUR/GBP short again

Short
Sherem Updated   
FX:EURGBP   Euro / British Pound
RSI is showing signs of divergence on the 6 hour. Weekly MACD does look strong, however we are over extended on EUR/GBP and we should get some movement back to the moving average. Nice risk to reward. Caution, with the turmoil going on in Britain, we could see continued movement to the upside.
Comment:
We are in profit, getting close to our target
Comment:
You should have booked profit on this at least once, a reshort might work here. not as strong as before, but still might go back down on some news. Make sure you have a stop in place in case it starts running up.

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