EURGBP sell trade idea 04 10 2021
SELL EURGBP 0.8556
SL: 0.8586
TP1: 0.8536
TP2: 0.8516
TP3: 0.8496
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8556
Timeframe: H1
Step 1 - Previous News: EUR: Eurozone CPI flash annual inflation rose, GBP: -
Step 2 - Trend: Across, Counter Trend
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow up
- Stochastic: H4 heading up
- PSAR: near bearish
Step 5 - Upcoming News: EUR: Eurogroup meetings held today, GBP: -
Edited 04 Oct 2021, 16:58
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