duane

technical standpoint of eurgbp

Short
FX:EURGBP   Euro / Sterlina
EG has been declining since the 10/2016 creation lower highs and lower lows this entices me to look for short oppertunities. weve been respecting this trendline everytime we approach we recently had 3 daily rejections at the 0.876 level price struggling to go beyond. i also notice a fib correction potential c leg resting at the 50/61.8 as long as price stays below current price i think this will turn out to b a good short trade with a risk to reward of 1;6
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