I mentioned earlier that I thought it was overdone after the BOE and went small short at 0.8604

Draghi has delivered a dovish summary that was widely expected and the pair is now down to 0.8553

I will move a trailing stop down to 0.8570 to lock in some opportunistic profit and run the the t/p for a little while longer and see what transpires.

A move back below 0.8545-50 should trigger some further falls but it starts to be a coinflip here ( 0.8553) given the 0.8633 highs earlier.

eurgbp 4 july 3