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EUR/GBP Signal - EUR Economic Bulletin - 5 Aug 2021

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Signal Details
Entry Price: 
0.8521
Take Profit: 
0.8479
Stop Loss: 
0.85560
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURGBP is trending to the downside prior to the EUR economic bulletin, which launches a new publication, the Economic Bulletin, to replace the ECB Monthly Bulletin. Technically the pair has bounced from resistance and is now below the moving average ribbon. We anticipate downside into the 0.8479.

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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.