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EUR/GBP Signal - EUR Current Account - 19 Apr 2021

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Signal Details
Entry Price: 
0.8658
Take Profit: 
0.87050
Stop Loss: 
0.8620
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURGBP has reached support prior to the EUR Current Account Data, which is a net flow of current transactions, including goods, services, and interest payments into and out of the Euro-Zone. Technically the pair is at a trendline support as well as the significant support zone. The PPO has also given a bullish cross, indicating possible upside.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.