EliteTradingSignals

EUR/GBP SENDS CLEAR BEARISH SIGNALS|SHORT

Short
FX:EURGBP   Euro / British Pound
Hello,Friends!

We are going short on the EUR/GBP with the target of 0.864 level, because the pair is overbought and will soon hit the resistance line above. We deduced the overbought condition from the price being near to the upper BB band.However, we should use low risk here because the 1W TF is green and gives us a counter-signal.

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Trade closed: target reached:
We are taking profit boys

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