I Am short on EURGBP
. I feel at the monthly level .8800, we have broken to the upside because of the false breakout due to news. To me that was just noise and manipulation, and we have broken back under monthly resistance. I got in last night but I am posting my current analysis and prediction on this pair.
First Target: 1:2
Second Target: 1:5
I do believe we can come back to our second target.