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EUR/GBP Signal - EUR German Producer Price Index - 20 Sep 2021

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Signal Details
Entry Price: 
0.8542
Take Profit: 
0.8511
Stop Loss: 
0.8573
Direction: 
Sell
How we trade
Average: 5 (1 vote)

EURGBP is in a bearish structure prior to the German Producer Price Index data which measures the average changes in prices in the German primary markets. Technically the pair has a bearish structure and is currently ranging. We are looking to trade the pair into range support at 0.85110.

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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.