EURGBP SHORT from Resistance

10 lug 2017

This pair is nicle poised for a quick short position. The black line at 0.8850 has acted as resistance a number of times previously and I expect the price to fall again after testing this area. Take profit is at green line 0.8754 (96 pips) and stop loss at red line 0.8903 (55 pips) It gives us a risk to reward of better than 1:1.5