EURGBP Update: got stopped

[Read this trading setup: EURGBP]

A quick update on EURGBP short position. Got stopped when the price hit the stop loss level on Monday. UK Prime Minister speech on Sunday brings a huge effect on what happened with the poundsterling in recent days.

Price hit my stop loss level at 0.8769 and brings me on negative territory for -222 pips.

Here is the summary of my positions:

OP: sell at 0.8658, SL: 0.8769, TP 1: 0.8585, TP 2: 0.8380

Result: price hit stop loss level for -222 pips

 

EURGBP Daily chart

eurgbpdaily-170117

Don’t forget to see my latest trading setup on:

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