Short opportunity off last years high .92250, EURGBP is likely to retrace towards previous support at .875, which will serve as our first profit taking opportunity, with a secondary target at .84
Trade idea is confirmed by a greater than 70 reading on the RSI, an overbought signal.
SL: .925
Entry at: > .91
TP: .875/.84
Best of luck
TW
Trade idea is confirmed by a greater than 70 reading on the RSI, an overbought signal.
SL: .925
Entry at: > .91
TP: .875/.84
Best of luck
TW
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