EURGBP sell trade idea 22 07 2021

#OPINIONLEADER# #Signal#

SELL EURGBP 0.8589

SL: 0.8619

TP1: 0.8569

TP2: 0.8549

TP3: 0.8529

Signal Analysis by LCMS Traders

Currency Pair: EURGBP

SELL EURGBP 0.8589 

Timeframe: H1

Step 1 - Previous News: EUR: -, GBP: -

Step 2 - Trend: Up to Across, Counter Trend

Step 3 - Support/Resistance: Moving Towards Support

Step 4 - Indicators

- Bollinger Bands: within 

- MACD: fast touch, slow down

- Stochastic: H4 in over sold

- PSAR: bearish

Step 5 - Upcoming News: EUR: Monetary Policy Statement 1945hrs, ECB Press Conference 2030hrs, GBP: MPC Member Broadbent Speaks 1630hrs