DLavrov

EURGBP Trading Idea

Short
FX:EURGBP   Euro / Sterlina
Bearish divergence and price reversal from up Bollinger Band confirming by RSI and MACD give us an idea about possible down movement. We have to think about short trades. DMI still rises and we can't open short trades based on the daily chart, but we can try to find entry levels on hourly charts. Profit target is 0.8300 level and if price breaks it, we'll have to close all short trades near MA100 and 0.8100 level.

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