JayDidder
Short

EUR/GBP Breakout

FX:EURGBP   Euro Fx/British Pound
We have a possible breakout/breakdown of the EUR/GBP             . There has been a descending triangle forming on the 1 hour charts. The 20 EMA is carrying price lower, while the pair can't really create any push past the 20 EMA . We have a fairly solid support area around .8218. Also, lower highs. Possible break down to .8190 for 25 pips. Stop right above the 20 EMA . Reward: Risk of 2:1.
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