Euro / British Pound

Short

EURGBP Short Scalp

Updated

Straight forward idea, break and retest of channel + trend line resistance + divergence.

Stops above the prior high at 0.86311

Regards

Note

EURGBP First target coming into view

snapshot

Note

UK's Johnson on the wires talking about Article 50 in early 2017.

Moving to break even as this could ignite pressure on GBP crosses so looking to scratch this trade at first sight.

fxstreet.com/news/eur-gbp-building-on-to-its-strength-above-08600-handle-201609230910

news.forexlive.com/!/uks-johnson-says-article-50-would-be-triggered-probably-in-the-early-20160923

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