EURGBP sell trade idea 27 09 2021
SELL EURGBP 0.8548
SL: 0.8578
TP1: 0.8528
TP2: 0.8508
TP3: 0.8488
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8548
Timeframe: H1
Step 1 - Previous News: EUR: German ifo Business Climate slipped, GBP: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Bouncing Off Resistance
Step 4 - Indicators
- Bollinger Bands: slighly out
- MACD: both down
- Stochastic: H4 heading down
- PSAR: bearish
Step 5 - Upcoming News: EUR: ECB President Lagarde Speaks 1945hrs, GBP: BOE Gov Bailey Speaks tomorrow 0200hrs
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