Get started
Euro / British Pound
Short

EURGBP SHORT from Resistance

By zohaibayub85
This pair is nicle poised for a quick short position. The black line at 0.8850 has acted as resistance a number of times previously and I expect the price to fall again after testing this area. Take profit is at green line 0.8754 (96 pips) and stop loss at red line 0.8903 (55 pips) It gives us a risk to reward of better than 1:1.5
zohaibayub85

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.