British Pound / Euro
Short

GBPEUR: Quick short opportunity.

197
The pair is trading within a 1D Channel Down (RSI = 39.482, MACD = -0.005, Highs/Lows = -0.0009) that has just priced its Lower High. Technically it should break the December 10 low of 1.1000 and make a new Lower Low but the August 18 1D support is directly beneath at 1.0986. So we are only taking this 4H Lower High opportunity to short to 1.1026.

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