Friday, March 7, 2014

EURGBP Trading Signal - March 7th 2014



















The EURGBP appears to reach the trend line and I'm entering my short position as I believe that we may see a correction. I would enter a long trade when it approaches support levels again, but over the next few days I expect forex traders to take some profits after a good rally. I will use any continuation of the rally as entry points into my short trade until we reach support.

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