EURGBP Short

Updated
We've been in this trade Short for a couple of days now and price is continuing to show sign's of exhaustion through strong rejection wicks to the upside. It is an obvious Break of Demand & retest as Supply so the play is as a continuation down to around the 84 threshold. Typically waited for a rejection at previous Daily close area's to signal a reversal around the area of Fibonacci confluence through the previous two drops.
Trade closed: target reached
Take Profit 1 point achieved. Closing some out for the weekend. snapshot
Candlestick AnalysisegEUREURGBPeurgbpshortFibonacciGBPSupply and Demand

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