Trade Idea: EUR/GBP ? Hold short entered at 0.8670

Trade Idea: EUR/GBP ? Hold short entered at 0.8670

<p>Despite intra-day brief rise to 0.8692, as the single currency has retreated from there, retaining our near term bearish expectation for a selloff to take place soon and consolidation with downside bias remains, however, below Friday?s low at 0.8590 is needed to signal top has been formed, then further fall<img src="http://feeds.feedburner.com/~r/ElliottWaveDailyTrades/~4/Du0YpLBW1pk" height="1" width="1"/>

Source: Trade Idea: EUR/GBP ? Hold short entered at 0.8670