theforexportal

EURGBP heading for .8539 area

Short
FX:EURGBP   Euro / British Pound
EURGBP is weakening across the board and with the 100 sma moving south to meet the 200 at .8539 this looks like a reasonable first target.

Trade idea
SELL down to .8539 area then add to SHORTS if this level breaks.

* The Weekly TDI suggests this pair could be headed under .80
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