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EUR/GBP Signal - EUR ECB Lane's Speech - 26 Apr 2021

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Signal Details
Entry Price: 
0.8708
Take Profit: 
0.8748
Stop Loss: 
0.8672
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURGBP is trending to the upside today prior to ECB Chief Economist Lane's Speech, which will provide some insight into the current ECB reading of the EU economy. Technically the pair has been pushing to the upside, and has broken above a key support / resistance level. We anticipate continued upside into the 0.8748 level.

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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.