SHORT EUR/GBP

12 feb 2016

Price has slipped under trendline support and is heading back to look for support at the 200 sma. I'm SHORT from .7765 with a hard STOP above the trendline at .7785 for a 20 pip risk. Looking for TP at the 200 if it holds or hopefully much lower at WS1 pivot at support .7571 sometime next week.

15 feb 2016

Operación activa

Slow progress on this trade but we are still heading in the favoured direction. Now at +46 with a STOP just obove todays open at .7741. Price is now under the 200 sma on H1 though we haven't closed below yet. WS1 is our first target at .7627