i will try to short gbp every time it bounces on the shorter time frame(30 min to 1 hour) and i am sure you will make money on this. also you can short eurusd as long as it does not make a 3 day high. the risk reward to short euro is better than gbp.
brother 1
i think you are right. i dont think that the eurgpb move is justified and sooner or later it will retrace. i would approach this pair with a longer time frame or use options to trade this fair. infact i am short on this pair and i hope that if i hold it for 1-2 month i would gain 400- 500 pips...