EURGBP Channel Trade

EURGBP H1

After a profitable short trade(details [here]), another channel trade is coming up in EURGBP.

Price is moving in a descending channel. Near the upper trendline, comes 200EMA, which has restrained price very well. Currently the price is near to 100EMA. 



On previous many occasions, whenever price has broken 100EMA, it has sharply moved towards 200EMA only to turn back. 

I will be shorting this pair near the channel's upper trendline, which also coincides with 200EMA. On current chart, that area comes around 0.80010/15.