Short set up EURGBP
Nice technicals backed by fundamentals. the GBP makes a false break of a long term descending trend line the moved lower breaking an up award sloping trend line that had been in play for several weeks. Pair now testing the bottom of an ichimoku cloud, a close below the cloud could indicate a substantial downward correction. Jobs data released today confirms the ongoing recovery in the UK.
I have entered short
I have entered short
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