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EUR/GBP Signal - GBP Claimant Count Rate - 15 Aug 2021

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Signal Details
Entry Price: 
0.8509
Take Profit: 
0.8478
Stop Loss: 
0.8540
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURGBP has traded into a key resistance pivot prior to the GBP Claimant count rate, which records the percentage of people applying for unemployment benefits. Technically the pair is in a downtrend and has made a pullback into a key level, and we anticipate downside from here into the 0.8478 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.