awais1989

EURGBP possible downward price action imminent

Short
FX:EURGBP   Euro / British Pound
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1
EURGBP is trending within a channel in an overall downtrend. Price is currently near the top of channel and based on long term trend is very likely to drop to continue the downtrend. To me this looks like a good opportunity to short EURGBP with a very reasonable 1:3 risk-reward ratio... Feel free to comment with your thoughts

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