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EUR/GBP Signal - EUR ECB Speech - 25 Aug 2021

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Signal Details
Entry Price: 
0.8555
Take Profit: 
0.8505
Stop Loss: 
0.8595
Direction: 
Sell
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Average: 5 (1 vote)

EURGBP is trending to the downside at the moment prior to European Central Bank Speeches later today. Technically the pair has broken the bullish structure, and both the RSI and price action point to further downside. We are looking for continued downside into the 0.8505 level.

Submitted by Toni H. on Wed, 25 Aug 2021 02:59:14 GMT

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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.

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