EUR/GBP SHORT SETUP

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Short

Euro Fx/British Pound (FX:EURGBP)

FX:EURGBP Euro Fx/British Pound

The EUR/GBP 4H chart is nearing our selling area for the pair. We're looking to enter at a level of prior support, a 50% fib retrace and a descending trend-line resistance. Our initial profit target on the pair will be back at the ascending trend-line support.

One of the pairs I will be trading exclusively. Nice clean chart! Its almost where you want it.

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