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EUR/GBP Signal - GBP Consumer Price Index - 20 October 2021

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Signal Details
Entry Price: 
0.8431
Take Profit: 
0.83820
Stop Loss: 
0.8470
Direction: 
Sell
How we trade
Average: 5 (2 votes)

EURGBP is trending to the downside prior to the GBP Consumer Price Index data, which measures price changes in representative basket of goods and services, and is used to measure inflation. We anticipate continued downside into the -61.8% fibonacci extension level.

Submitted by Toni H. on Wed, 20 Oct 2021 02:36:12 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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