fxsignals4pips
Short

EURGBP expected to resume sell-off

FX:EURGBP   Euro Fx/British Pound
This is a trade based on the direction of the long term fundamental factors. Euro             is expected to reach parity with the U.S. Dollar as devaluation efforts drive the value down. The December rate hike anticipation will also signal the Sterling strength with the Bank of England expected to follow some sort of rate hike accordingly.

Although I am not looking to trade on that reason alone, a short position provides greater reward on the downside as it continues with the overall fundamental trend.
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