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EUR/GBP Signal - EUR Sentix Investor Confidence - 9 Aug 2021

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Signal Details
Entry Price: 
0.8479
Take Profit: 
0.8513
Stop Loss: 
0.8437
Direction: 
Buy
How we trade
Average: 5 (1 vote)

EURGBP has bounced today prior to the EUR Sentix Investor Confidence data, which is a monthly survey which shows the market opinion about the current economic situation and the expectations for the next semester. Technically the pair has had a bullish breakout on the RSI and we anticipate continued upside into the 0.8513 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.