EURGBP Technical Overview and Short Opportunity
EURGBP trading sideways in a 40 pips range. The pair tested the ascending trendline and pulled back. A firm breakout of the channel and 0.88800 support will carry the price 0.88500 and 0.88300.
On the upside 0.89450 resistance tested twice.
H1 and H4 readings are bearish.
A short trade with good riskk reward ratio @0.89100 with stop loss 0.89250 targeting 0.88800 and 0.88500
Shorts can be added at the brarkout of 0.88800
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