EURGBP: Bearish market condition, looking for shorts
The EURGBP traded in a short term range in the last few days but now apparently is out of that range:
EURGBP
It will probably head down and hit the next LT support level.
My trading plan:
As long as the EURGBP trades below 0.8970 I will be looking for short opportunities. Please keep in mind that we might find some short term support around 0.8932
All long opportunities will be ignored.
Trade Safe!
Raul Lopez
Tags: EURGBP, EURGBP analysis, Forex Crosses
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Raul Lopez
I've been trading the markets for more than 12 years. All my trades are based on price action. Check out my Coaching
program, I can help you develop a system that helps you trade with better results.
