EURGBP reached a resistance line from 2013. This week the resistance holds. I expect a correction towards 0,83000 (0,382 Fibo of the last leg). This could form a NSN-Formation with further movement towards 0,80300
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Still believe in my strategy.
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Good week forecast. A going to make new analysis for next week.
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I continue my short.
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I expect the market to run sideways for couple of days. Nevertheless, I continue my short. However, maybe it is time to consider risk management and take some profit. What do you think? :)