Thursday, November 20, 2014

EURGBP - Trading Signal - November 20th 2014


EURGBP has rallied strongly into its resistance level which is why I am looking for short positions this currency pair. The rally has been steep and I am looking for a reversal. I will enter more short positions every 10 pips higher from here until we reach 0.8030. I expect forex traders will seek good short entry opportunities in this currency pair and should have more than one entry in this trade in order to reduce risk.

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