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.