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Technical analysis of a EURGBP short trade: Coleman

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Ian Coleman, of First4Trading.net, explains in a technical analysis of charts why he is trading EURGBP.

News about Mark Carney continuing as governor for another year has strengthened sterling. Coleman believes that a short trade in EURGBP could be interesting.

He plans to sell EURGBP at market. His stop is 0.9013 and his target 0.823.