EURGBP sell trade idea 15 06 2021
SELL EURGBP 0.8585
SL: 0.8615
TP1: 0.8565
TP2: 0.8545
TP3: 0.8525
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8585
Timeframe: H1
Step 1 - Previous News: EUR: -, GBP: Delayed the lockdown lifting by four weeks, Average Earnings increased, Claimant Count drop significantly, Unemployment Rate came out as expected
Step 2 - Trend: Across, Trend Following
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: touch
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: -, GBP: BOE Gov Bailey Speaks 2015hrs
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