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theforexportal
Oct 13, 2016 9:22 AM

SHORT EUR/GBP Short

Euro Fx/British PoundFXCM

Description

Carleton Capitals algorithms are still flagging EUR/GBP as a SHORT trade. Trying to SHORT this pair has been testing with the technicals saying SELL butb with the markets dumping the GBP at every opportunity.
We feel taking another stab at this trade is worth while with the RSI weakening.

SHORT EUR/GBP from .9041 STOP .9071 for a 26 pip risk*
(* tight STOP which may be adjusted depending on price action)
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