Keeping up with the short EUR/GBP trade from the previous week, we saw the pair stall at a low of 0.8980 last week, which was right above the sell entry I set at 0.8976, the 1/13 high, and I will look to maintain the position as this week’s rally fails to test the 3/1 high at 0.9132. As a the daily RSI falls back from oversold territory, I certainly expect to see a corrective retracement in the days ahead, and will maintain the target at 0.8829, the 200-Day SMA, with the stop at 0.9031, the January high.