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Euro / British Pound

Short EUR/GBP

By DutchFXtrader
Updated
Short opportunity EUR/GBP. Stops above previous two tops has been hit. There is a change EUR/GBP will rise further to hunt stops above 0.8970, so we keep our stoploss tight, around 10 pips (Kill the monster when it's small).
Comment
Position in profit, let’s see what the Sunday opening will bring us.

Enjoy your weekend!
Comment
It looks like the eur / gbp started the week with a stop loss hunt at the 0.8945 level.
We remain in position.
Trade closed: stop reached
Unfortunately the stop has been hit. Upwards power of EUR/GBP seems to be too strong. Good news is that is was only 10 pips. Seems like it's going to attack the 0.8975 area now.
EURGBPeurgbpshortluijckxstoplosSupply and DemandSupport and Resistance

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