EURGBP Technical Overview and Short Opportunity
We have running short positions. If you look for a fresh short entry:
The pair could not break above 0.87500. The first target will be 0.87170 and break below 0.87170 will carry the price 0.86800 and 0.86600.
STOP: 0.87600 – TIGHT STOP –
TAKE PROFIT 1: 0.87200
TAKE PROFIT 2: 0.86980
TAKE PROFIT 3: 0.86650
- You can keep this trade for midterm purposes and targets will be 0.86300 and 0.86100. The stop must be above 0.87800.
- You can add short break below 0.87170
UPDATE: Trade reached the second target 40 pips and running
DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money
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