EURGBP sell trade idea 02 07 2021
SELL EURGBP 0.8600
SL: 0.8630
TP1: 0.8580
TP2: 0.8560
TP3: 0.8540
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8600
Timeframe: H1
Step 1 - Previous News: EUR: ECB President Lagarde expressed optimism in the economic outlook of eurozone, GBP: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: within
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bullish
Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 2030hrs, GBP: -
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