FX:EURGBP Euro Fx/British Pound
I forgot to link my previous idea, anyway, I proposed a short a couple of weeks ago, and I had exited that position on breakeven because we had a . Now, this divergence played out, and the pair returned to value, and made a false breakout. I believe there is more room to the downside. If, at the previous low, there won't be another formed, I expect this pair to move further down. Target is taken from the weekly chart. I have a soft stop on this trade.