Currency Pair: EURGBP
Timeframe: H1
Date/Time of Signal: 5th February 2020 / 1700hrs (SGT)
Review:
Yesterday (4th February 2020), U.K. construction PMI data released yesterday was better than forecasted. Thus Pound has strengthen.
Recently, EURGBP has been on a downtrend.
The price tested and bounce off the resistance zone of 0.8520.
Following the trend, trade signaled to sell EURGBP (Entry: 0.8461) with 3 Take Profit (TP) Targets (TP1: 0.8441, TP2: 0.8421, TP3: 0.8401) and Stop Loss (SL) at 0.8491.
Timeframe: H1
Date/Time of Signal: 5th February 2020 / 1700hrs (SGT)
Review:
Yesterday (4th February 2020), U.K. construction PMI data released yesterday was better than forecasted. Thus Pound has strengthen.
Recently, EURGBP has been on a downtrend.
The price tested and bounce off the resistance zone of 0.8520.
Following the trend, trade signaled to sell EURGBP (Entry: 0.8461) with 3 Take Profit (TP) Targets (TP1: 0.8441, TP2: 0.8421, TP3: 0.8401) and Stop Loss (SL) at 0.8491.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.