Hi Traders:

We are seeing a great opportunity on EURGBP short. As the price action has finally show some bearish momentum, broke below the support trend line on the 4 hr chart. Now we are seeing a nice pullback, can potentially form a lower high to confirm bearish continuation. Good idea to enter at the first lower high for a great risk:reward ratio.

I will update any trade entries on this pair in the next few days.

Thank you for you support and feedback.

评论: Here is the daily chart:

Do you still think that the bias is downside ? I see a pinbar at 4H chart ?
jojofang0901 Cevizkabugu
@Cevizkabugu, Yes I still think the overall momentum is bearish. Just need more confirmation on the intraday charts.
May I ask your entry levels & stops? Ty.
jojofang0901 Mustapha87
@Mustapha87, Didnt enter becuz of the GBP GDP news event. But looking for entries now
I think it would act within or after tomorrow's GBP news !!

jojofang0901 AhmedHamdan
@AhmedHamdan, yup chances are the news will push it to the desire direction
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