EURGBP sell trade idea 22 07 2021
SELL EURGBP 0.8589
SL: 0.8619
TP1: 0.8569
TP2: 0.8549
TP3: 0.8529
Signal Analysis by LCMS Traders
Currency Pair: EURGBP
SELL EURGBP 0.8589
Timeframe: H1
Step 1 - Previous News: EUR: -, GBP: -
Step 2 - Trend: Up to Across, Counter Trend
Step 3 - Support/Resistance: Moving Towards Support
Step 4 - Indicators
- Bollinger Bands: within
- MACD: fast touch, slow down
- Stochastic: H4 in over sold
- PSAR: bearish
Step 5 - Upcoming News: EUR: Monetary Policy Statement 1945hrs, ECB Press Conference 2030hrs, GBP: MPC Member Broadbent Speaks 1630hrs
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