FXWW News/GBP crosses/Trade Ideas

EUR/GBP: Stay bearish but cover on ‘silly’ dips

As I’ve been saying for the last few days, this pair continues to look constructively bearish and a test of the bottom of the bear channel near .8200 seems very likely.

I think that this cross will trade below .8000 in Q1 but progress is usually slow and steady so be prepared to cover your shorts on any silly dips and reload on rallies.

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