NidalDarawsheh

EURGBP ahead of Euro Group Meeting - Short

Short
FX:EURGBP   Euro / Livre Sterling
3
EURGBP still got some more room to stretch south (Please see chart) before we start considering longs, the pair is due for correction (re-test of 0.77440). we have seen some bullish momentum around 0.74100 at smaller time frame but was consumed quickly. I'll be considering long around fib 0.764.

The entry is sort of a line in the sand, Monday might bring a Gab and we also have Euro Group meeting which might bring volatility. I'll be watching this pair tomorrow closely we even might have a better short entry.

Good luck
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