EURGBP Buy trade idea 27 04 2021

#OPINIONLEADER#

BUY EURGBP 0.8692

SL: 0.8662

TP1: 0.8712

TP2: 0.8732

TP3: 0.8752

*Trading conditions may differ between account types and brokers.

Signal Analysis by LCMS Traders

Currency Pair: EURGBP

BUY EURGBP 0.8692

Timeframe: H1

Step 1 - Previous News: EUR: German ifo Business Climate indicated a lower-than-expected increase, GBP: -

Step 2 - Trend: Up to Across, Trend Following

Step 3 - Support/Resistance: Moving Towards Resistance

Step 4 - Indicators

- Bollinger Bands: within

- MACD: fast up, slow touch

- Stochastic: H4 heading up

- PSAR: bearish

Step 5 - Upcoming News: EUR: -, GBP: -