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xftrading
Apr 7, 2020 11:04 AM

EURGBP Short

EUR/GBPOANDA

Description

EURGBP

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.
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