FullTimeTrader

EURGBP-sell orders against 0.7500

Short
FullTimeTrader Updated   
FX:EURGBP   Euro / British Pound
20
I expect a pullback near this level for this reasons:

- previous wave 4 acting as resistance
- strong bearish divergence
- 1.27 fib extension (this usually suggests a wave 5 is complete)
- strong psycholevel 0.7500

The structure here is clearer than the EURUSD, both pairs are correlated so the EURUSD should make a pullback also.

Regards.
Comment:
first target hit, moving sl to be

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