Trade Idea: EUR/GBP ? Sell at 0.8540

Trade Idea: EUR/GBP ? Sell at 0.8540

<p>Euro?s retreat after rising to 0.8593 last week suggests top has possibly been formed there and consolidation with mild downside bias is seen for weakness to 0.8430/40 but break of minor support at 0.8422 is needed to signal the rebound from 0.8357 has ended at 0.8593 and extend weakness to 0.8380/85 later.</p><img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/dvNTzeB2dIw" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Sell at 0.8540