Mayfair_Ventures

Short - Euro/Pound (EURGBP)

Short
FX:EURGBP   Euro / British Pound
Moving from the UK and now living in France, this is a pair that has some impact on the cost of living. 5 years back when €1 was 75p now up around the 90's. Looking at what is happening in Spain, Germany and of course France right now. It is only a matter of time before the Euro reacts.

Beyond that, looking at the charts - there was some strong resistance near the high of the weekly chart. There are two daily Fibonacci levels just below the price as it currently stands at the time of writing this.

Be great to get ideas, thoughts and comments on this.

Have a good week!
Trade closed manually:
nice drop - little pullback expected. So out for now.

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