EURGBP sell trade idea 09 06 2021
SELL EURGBP 0.8593
SL: 0.8623
TP1: 0.8573
TP2: 0.8553
TP3: 0.8533
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8593
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone and German ZEW economic decline in the level of optimism, GBP: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Breaking Through Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading into over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, GBP: -
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