EURGBP: Bearish, looking for shorts

Written by Raul Lopez on . Posted in Trades & Analysis.

March wasn’t a good month for the EURGBP, it traded in an undefined range, making impossible to determine where it was heading. But right now, it’s clear that the EURGBP wants to go down:

EURGBP
EURGBP

Just broke through an important LT support level triggering a bearish market condition. Also, the range the EURGBP traded in February its very well defined. Definitely shorts are the way to go.

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .
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