Buy EURGBP at 0.7927 & 0.7910 with reward to risk of 4.64 to 1

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Ashish Kulkarni

EURGBP giving an opportunity to fade the sell pressure giving a high reward-risk trade

Economy & Finance

Work of Ashish Kulkarni Page 1
BUY EURGBP at 0.7927 and .7910 with SL at 0.7890 and target of 0.8050 (4th July-2014)
High risk high reward trade idea of 4.64 to 1.
Assign probability of trade panning out to 30% (conservative, still reward
RSI divergence in Dailies at significant trendline support area (buying the small false break)

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