gdf_fx
Short

EURGBP Short on £ strength

FX:EURGBP   Euro / British Pound
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3
basic fib analysis confluenced with some key levels from weekly charts

i will be entering at the 50% retracement level if we get the rally up i predict we will. the shorts could easily tested and have their stops take before we see a move down to the POC .

POC at 0.83755 is my target 1.

if we break 0833 low convincingly we can see shorts down to my next target.

Target 2 is the level of weekly support confluenced with the 50% retracement of the big swing at at a low volume area around 0.81628 which i would expect to see a rejection of.

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