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Why I’m selling EURGBP: Lambert
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Clive Lambert of FuturesTechs explains why he is trading EURGBP.
Lambert aims to sell at market - currently trading at 8760 - adding at 8785, and placing a stop above 8825.
If a day trade, target is 8690. A longer-term trade is reliant on 8690 breaking, to then target 8527 and 8314 for next 2-4 weeks., but he is looking for the pair to close below 8739 today (Friday).
He explains the background to a selected trade every Friday on Trading Floor.