Market watch $EURGBP 2/14/2017

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On our market watch, today is EURGBP. The recent EUR weakness has pushed the pair below the triangle 0.8500 level, which has been retested today on the H4 time frame. The rejection is giving us an opportunity for short trade with the good risk reward.

The possible trading strategy is going short at the market with SL above 0.8520 level.

Happy trading! (click on the chart to enlarge it)

erugbp trend following strategy


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