OANDA:EURGBP   Euro / British Pound

We expect EURGBP to bounce lower on rejection of 0.88654 region on the hourly time framed chart. We've created a strong declining trend starting from early February, trend technical's have matched with our extended yearly fib levels. If we manage to make a short entry on EURGBP we are looking to take out full position by level 0.87445 which would take us +121 pips for the trade.