Short EUR/GBP Short

Euro Fx/British PoundFXCM

Description

⋅ May 18, 2017 4:17 AM

New trade found. Looking to short EUR/GBP.

Risk-to-reward ratio: 2.7

Shorting due to weekly downtrend bias. Daily levels at 61.8 fib. Price action is slowing down from the past uptrend and my stance on the pair is to the downside now.

Lets me know what everyone thinks.